International - Financial Times - Credit Squeeze

Also in today’s newsletter, tension over tomatoes

US industrial bellwether posts lower-than-expected profits as costs rise

Karin Keller-Sutter and economy minister Guy Parmelin’s Washington trip follows Trump decision to hit country with steep tariffs

The US and the UK vie for which method is worse. Plus, the race to become Fed chair hots up

Tariff relief for cars, steel and aluminium yet to be agreed

The US president is upending a quarter of a century of American policy in the Indo-Pacific

Also in today’s newsletter, an FT investigation on a covert Iranian nuclear experts trip and US defence start-up winners

Mining billionaire Andrew Forrest says duties will result in ‘exporting’ of jobs and industry

Ministers race to offer ‘support measures’ to affected companies as coalition squabbles over handling of talks

Countries will be ‘unable to sustain growth’ unless companies start opening the taps

US central bank should orientate monetary policy towards maximising productivity

Japan and South Korea resist US pressure to wrap commitments to pipeline project into trade deals

Buying new can be hard to resist — patronising small brands with transparent supply chains is a good place to start

New Delhi describes threat as ‘unjustified and unreasonable’

Lars Klingbeil criticises US president hours before meeting Treasury secretary in Washington

Pharma groups among hardest hit after US president demands price cuts

US president set to tighten grip on economic information and policymaking after controversial sacking of BLS official

Deal risks flouting World Trade Organization rules

Also in today’s newsletter, BP makes largest oil and gas discovery in 25 years off Brazil coast

US president has imposed 17% duty on southern neighbour’s exports of the fruit to save dwindling number of local farmers