International - Financial Times - Credit Squeeze

Government says ‘nothing is off the table’ if talks with Trump administration are not resolved amicably

Move comes in response to Supreme Court ruling deeming Trump’s tariffs illegal

Dollar dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy

Christopher Waller says he would back March rate cut if there are further signs of weakening in the labour market

Supreme Court rebuke of Trump’s trade policy will be a tailwind to an economy running hot

We can’t have three good things at once, unfortunately

America’s trading partners and US Congress have a chance to claw back some control

The former US trade representative unpacks Trump’s latest measures

Troubles at New York-based asset manager are making investors nervous about the wider industry

Also in this newsletter: France reprimands US for wading into national politics

Employees are not allowed to accept money from third parties for work related to the central bank

Allies are trying to work out if the administration is pursuing a tactical détente related to rare earths or if it is placing less emphasis on security issues

How the ruling reshapes Trump’s global trade strategy and domestic spending plans

Ocean floor resources could help protect supply chains from Beijing’s export bans

Trump gives first State of the Union address of second term, Labour in by-election fight and Ukraine war enters a fifth year

The Supreme Court’s ruling offers a rare opportunity to fix a historic error

US allies including UK, EU and Japan hardest hit after Supreme Court rules against previous levies

Country’s trade minister says bloc must be prepared to retaliate while Beijing warns of turmoil

Competing demands on our attention are undermining our ability to focus

Market Questions is the FT’s guide to the week ahead