International - Financial Times - Credit Squeeze

Chinese exports to south-east Asia surge as producers reroute shipments to avoid Donald Trump’s levies

Member states reject Brussels’ latest efforts to bridge gaps between the two sides

Ousted head of World Economic Forum battles impropriety allegations and second probe into his conduct in a year

Fund managers were positioning for a US economic downturn before America and China forged a trade pact

Hong Kong-based group pushes ahead with plan to shift US-bound production and warns US consumers face higher prices

Also in today’s newsletter, Tesla board reviews Musk’s pay and the S&P 500 wipes out this year’s losses

And markets in a budget crises

Businesses fear agreement between Washington and Beijing to slash levies offers only temporary reprieve

Commerce department guidance aims to toughen export controls on tech used by China to make AI processors

Ports and shipping companies expect surge in demand as retailers take advantage of lower tariffs on Chinese imports

‘Transitional measures’ will apply as of June, when special measures lapse, if trade talks need more time

Security conditions in pact agreed by Trump and Starmer seen as targeting Beijing

Moderate inflation and tariffs seem to lift markets

Agricultural sectors are ‘front of the line’ in ongoing trade talks, says Trump’s agriculture secretary

Economists caution that much of the impact of Trump’s levies is yet to be felt

We now seem unable to turn the surplus in some countries into productive investment elsewhere

US tariff uncertainty prompts luxury-car maker to hold back on giving profitability forecast

And other reflections on a proposed US capital control

Chinese president offers greater co-operation with Latin American countries

Unanswered questions are making it ‘super hard’ to operate, Walliser tells FT auto summit