International - Financial Times - Credit Squeeze

Goldwind’s vice-president Kai Wu says the country’s cost advantage has become ‘huge’

The US and China stand-off over the metals of the future

Worn-out top-down approaches won’t help us build lasting shared prosperity

Move could ease trade tensions between Washington and New Delhi, which have been in a stalemate since August

The FT’s economics commentator replied to reader questions in a live Q&A

Flow control — Chinese bank edition

Pressure on homeowners eases in third quarter as ‘drag’ from high interest rates fades, BoE survey shows

Flat-pack group moves to increase domestic sourcing as it faces tariffs of up to 50% on wood products

Also in today’s newsletter, German calls for a Europe-wide stock exchange and Trump considers Venezuela land strikes

America’s use of import duties has been constrained by financial markets and economic reality

Controversial project to ship heavy crude to Texas coast was killed by Biden administration on environmental grounds

Taiwanese chipmaker reports highest quarterly profit

A cauldron of new ideas and technologies is more important than ‘build, build, build’

Scott Bessent says Washington will retaliate if Beijing proceeds with policy on rare earths and critical minerals

The US administration is backing an ally’s misguided exchange rate policy

Fund’s forecasts suggest the country’s debt-to-GDP ratio will be at a record high by the end of the decade

Searching for alternatives

Big business lobbying holds back growth, Nobel-winning economists suggest

Also in today’s newsletter, luxury goods groups’ shares surge and OpenAI’s five-year plan

US set to be faced down by industry powers, including China, EU, India and UK