International - Financial Times - Credit Squeeze

The country’s makers of high-end timepieces should avoid the ‘horror scenario’ facing their fellow exporters

Jensen Huang personally lobbied president after he reversed course on sale of H20 chips

US and Russian leaders to meet on August 15 in attempt to broker end to resolve war in Ukraine

Move follows surge in precious metal’s price after FT revealed US levy on imports

The US president is increasingly tying trade policy to geopolitics, using economic might to bend countries to his will

Reliance group chaired by Asia’s richest man has benefited from cheap crude imports now targeted by Donald Trump

Markets expect interest rates to fall gradually, rather than rapidly

Fed chair has been in the president’s sights for some time now

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

Also in today’s newsletter, Netanyahu’s Gaza plan and Intel’s chief executive hits out at ‘misinformation’

Plus, homelessness minister’s exit prompts speculation of a reshuffle of the government’s middle ranks

Futures contracts for precious metal reach new high after blow to country’s bullion trade

Trade negotiator Ryosei Akazawa pushes for clarification on ‘stacked’ levies as exporters report huge charges

Country faces steeper levies than rivals in Europe or South America after Donald Trump’s attacks over affirmative action

Tim Cook and Brian Moynihan are among bosses determined to keep the president happy

Some investors believe the technology’s productivity benefits will put the US on a better fiscal path

The 5-4 vote by the central bank to cut rates by a quarter-point raises concerns over inflation

Also in this newsletter: AI changes the plot in Indian cinema, and devastating flash floods in Uttarakhand

Tech giant promised Donald Trump hundreds of billions of spending — but the real scale is difficult to measure

Rubber clog maker predicts 10% quarterly revenue fall and warns that poorer consumers are ‘not even going to stores’