International - Financial Times - Credit Squeeze

US president escalates global trade war two days after a court ruled against the legality of his levies

Buying the best companies regardless of their country of origin might be the right policy

Prospective scholars think twice about Trump’s America and consider applying to universities elsewhere

Wall Street’s S&P 500 gains 6% in May

JPMorgan Chase chief calls on Trump administration to set country on better fiscal path

Washington warns talks with Beijing are ‘stalled’ two weeks after reaching deal that temporarily lowered duties

President’s sweeping levies have increased cost of foreign goods

Also in today’s newsletter, Trump’s tariff reprieve, and Gaza’s last hospitals

And South Korea looks cheap

Deteriorating economic and social ties between the neighbouring cities tear at fabric of cross-border community

Investors are fretting about a clause that would penalise foreign holders of US assets

The professor and MPC member on making monetary policy in an age of uncertainty

Alan Taylor says price rises are being driven by one-off factors as he stressed hit from Trump trade war

The White House is fighting court rulings halting Trump’s ‘liberation day’ tariffs

Decision comes less than 24 hours after trade court ruled president’s global levies to be illegal

Tougher US export restrictions on advanced chips give added urgency to testing of domestic alternatives

Judicial rulings have challenged the president’s trade policies, and some think he should respond by softening his plans

Move by Washington is latest effort to stymie geopolitical rival’s technological advance

Consumers endure long lines and sparse help as warehouse club stores heap pressure on traditional retailers

Trump’s cuts in foreign aid and global tariffs have created opportunity for Beijing