International - Financial Times - Credit Squeeze

Chinese carmaker’s absence from the US, once seen as a weakness, has turned into an asset

Investors expect greenback to depreciate over next 12 months, according to BofA research

International Energy Agency says situation is ‘fluid and substantial risks remain’

The Fed needs to consider how levies raise prices and what it should do about it

US tariffs on its northern neighbour have renewed calls for pipelines and fast-tracking oil and gas projects

US vice-president says Trump administration is ‘working very hard’ with Starmer government on tariffs

Also in today’s newsletter, US administration halts Harvard funding and shares in luxury goods sector tumble

Payrolled employment falls even as wage growth remains strong

Focusing on benefits to voters’ wallets would help blunt the threat posed by the likes of Nigel Farage

French agency’s chief says clients are on a ‘wait and see’ attitude

President acknowledges companies ‘need a little bit of time’ before they can manufacture in US

US president says countries are trying to ‘screw’ America as China looks to shore up ties with trade partners

Planning, diversified markets and control of strategic materials potentially give Beijing leverage — if it can bear the pain

Traders warn of ‘standstill’ as shipments through Antwerp drop 85%

The late Intel CEO proposed establishing a bank to back companies that scaled their factories in the US

Airlines and manufacturers prepare for stand-off over cost of levies

Danish brewer ‘insulated’ from direct impacts of levies but warns they will hit fragile consumer sentiment

FCC chair Brendan Carr urges ‘western allies’ to pick Elon Musk’s Starlink satellite internet company

Making the metal at home is a trade-off that seems more appealing when global trust in commerce is scarce

Plus, private equity group CVC scouts out private credit group and Intel sells off a stake in its chips unit