International - Financial Times - Credit Squeeze

US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations

Companies faced higher taxes and uncertainty from US trade war

Also in today’s newsletter, Senate passes public spending cuts bill and justice department fires Maurene Comey

Shares rally as much as 10% as investors are cheered by impact of turnaround plan

Know your facts before conventional wisdom gets you

Brussels is also considering export controls if trade talks with Washington fail

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

EU was expected to finalise its investigation before the bloc’s summer recess but will now miss this deadline

The EU is using the old trade playbook against a new and different threat

Wall Street lenders beat expectations for fees

Policymakers in Beijing are deadlocked while some analysts believe rates are, in effect, at zero already

Rapidly expanding presence in countries signed up to Xi Jinping’s global initiative contrasts with US approach

New rule aims to end vulnerability in communications infrastructure after attack on American telecoms

A podcast cross-promotion post

June figure marks setback for central bank as it considers interest rate cuts

More than a quarter of large American businesses are considering relocating, survey finds

Those in the political sphere should not be ridiculed for asking important questions — even if they do lack technical expertise

Also in today’s newsletter, Trump’s $50bn tariff haul and Deutsche Bank’s €152mn lawsuit

Jakarta to be hit with 19% tariff on exports to US after talks with Washington

European technology company books strong quarterly sales but warns uncertainty could hamper growth next year