International - Financial Times - Credit Squeeze

Also in today’s newsletter, does Trump need to win back younger voters before the midterms?

Leaders agree to postpone export restrictions on rare earths and semiconductors after South Korea summit

Saddle up for how the digital economy shapes geopolitical power

Better than expected performance comes after French output grows at fastest pace since 2023

Also in today’s newsletter: Big Tech results, and further Fed cuts not a ‘foregone conclusion’

Don’t ask a bond trader

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

Nearly neutral

The forthcoming ruling on Trump’s import duties will not stop him resorting to other methods

A Supreme court ruling could strike tariffs down – or give the president more power

Decision comes after eight-month stand-off as US reviewed payments to international institutions

Transaction has attracted criticism from groups that say it will reinforce Beijing’s control of critical metals market

Agreement will reduce auto tariffs on Seoul to 15% in return for $350bn of investment in US

US and Chinese leaders expected to unveil deal to extend tariff truce amid tensions over rare earths and tech controls

A lack of rare earths is just one way in which nature disadvantages the continent

Also in today’s newsletter: Copper prices hit a record high and JPMorgan’s Germany push

Carmaker now able to ship vehicles to US at lower tariff rate without hitting quota limit following JLR hack

JPMorgan research shows the young are affected the most as they battle weakening labour market and persistent inflation

Finance minister says Eurozone country seeks deeper ties with Beijing as it looks to hedge against US trade wars

Treasury secretary Scott Bessent has a shortlist of five candidates vying to replace Jay Powell