International - Financial Times - Credit Squeeze

Case could determine the future of the US president’s global trade agenda

Libertarian president vows to double down on transformation of country’s economy

Conditions inserted by Washington into tariff deals with Cambodia and Malaysia seen as ‘loyalty test’

Case could determine the future of the US president’s global trade agenda

Multilateral efforts to tackle climate change can still deliver for the UK and for the world

Better than expected figures come a week after Federal Reserve cut interest rates

Central bank cuts come as prime minister seeks to streamline economy in face of Donald Trump’s trade war

Also in today’s newsletter: market sell-off spreads to Asia and Europe

In the fourth annual FT-Nikkei Investing in America report: How businesses are dealing with an unpredictable Trump administration; The US labour market; Corporates rethink investment strategy and how the Big Three carmakers are reacting to tariffs

The president’s second term has so far been marked by trade wars, executive orders and a stock market rally

The economist on populism, fiscal debt and the long-term trend of economic equality

The US economy is no longer producing as many jobs, but unemployment is at historic lows

State-backed incentives, grants and loans are offered to attract companies

Long-term investment strategies are coming under pressure as industries navigate myriad new regulations

Donald Trump’s rapidly changing policies pose planning challenges

Ford, General Motors and Stellantis have moved quickly to offset trade war impact and benefited from relief measures

A partnership that was once altruistic and collaborative has become transactional

Prime minister’s first budget will nearly double the country’s deficit

Economists disagree, financial markets do not care, the public are fickle and the Supreme Court is not to be trusted

Also in today’s newsletter: top-10 Tesla shareholder opposes Musk’s pay package and Trump’s new ballroom imagined