International - Financial Times - Credit Squeeze

Output plunges after Aston Martin and other British carmakers halt exports to the US

Scott Bessent says deal with G7 would stop global minimum taxes from applying to American companies

iPhone group will make it easier for developers to promote offerings

Official data fuels concerns over Labour’s ambition to attract foreign capital to Britain

Andrew Bailey highlights lower labour demand and predicts ‘significant decline’ in wage growth

Brussels has warned German chancellor not to expect UK-style carve-out for car sector in EU deal with Donald Trump

The UK must ease skilled visa rules to attract the top talent leaving the US before they are lured elsewhere

Figures are latest to show distortion to trade caused by US president’s ‘liberation day’ trade levies

Also in today’s newsletter, dollar sinks to a three-year low, and how the next financial crisis starts

Preparing for a post-American world (part 2)

US president threatens Madrid with extra tariffs after Spanish prime minister rejects 5% defence spending target

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Trade minister Douglas Alexander says policy will also involve strengthening anti-dumping defences amid Trump’s tariff war

Also in this newsletter: Is the EU watering down its AI rules?

Investors have exited funds at fastest rate since 2020 at height of Covid pandemic

The climate shocks that could trigger wider market turmoil

Central bank also argues current 3-6% goal keeps long-term price risks ‘higher than they need to be’

The billionaire Bridgewater founder on the perils of the ‘Big Debt Cycle’ and how to avoid them

Genetic shift driven by over-exploitation risks undermining populations beyond repair, according to research

Estimates by president’s Council of Economic Advisers come as Republicans make final push to pass legislation