International - Financial Times - Credit Squeeze

Trade tensions with Trump administration cast cloud over economy

Stephen Miran met hedge funds and big asset managers after tariffs sparked Wall Street turmoil

Executive order comes after industry voiced concerns that US trade war would raise costs

S&P 500 has lost more than 7% since inauguration day in weakest start to a presidency since 1970s

Spat comes after report alleged tech giant was planning to display price increases caused by Trump’s tariffs

President Claudia Sheinbaum says more water will be sent north in deal agreed amid tariff talks

The prime minister owes his job to Donald Trump. Now he must take him on

Companies rushed to import foreign products in March ahead of imposition of wide-ranging levies

Danish and Mexican consumers are among those turning away from soft drink that is emblematic of the US

Trump’s unreliable America is throwing away the assets it needs

CPI in the rear-view mirror

PRA chief Sam Woods says regulator is monitoring impact of import taxes on lenders

How would the former central bank governor change the institution?

US carmaker reports fall in quarterly profits and abandons guidance amid trading turmoil

America’s 47th president plays unwitting ally to non-populists everywhere except at home

Also in today’s newsletter, Ukraine peace talk fears and Trump’s first 100 days

Streaming group reaches 268mn paying subscribers in strongest first-quarter growth since 2020

Anglo-Swedish pharma company’s first-quarter earnings boosted by strong demand for cancer drugs

Election hands victory to centrist leader who vowed to defy the US president

Beijing hardens rhetoric as it rolls out social media videos portraying itself as standing up to American ‘bullying’