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Global Economy

  • Thursday, 17 April, 2025
    UnhedgedAiden Reiter
    Decoding recent moves in Treasury yields Premium content

    Uncertainty is high — but maybe not disastrously so

    $100 US dollar bill
  • Thursday, 17 April, 2025
    News in-depthEU-China relations
    China seeks reset with EU amid Trump’s trade war

    Beijing eyes rapprochement with Brussels to compensate for loss of US market but significant hurdles remain

    A montage of a shipping container being lifted by a crane in a port setting with the background split between the European Union flag on the left and the Chinese flag on the right
  • Thursday, 17 April, 2025
    Stephen Roach
    The Chinese Dream is to Xi what Maga is to Trump

    Tariff conflict arises out of the collision course between two very different political mindsets

    Xi Jinping in 2012
  • Thursday, 17 April, 2025
    The Big Read
    Is the world losing faith in the almighty US dollar?

    Donald Trump’s trade war is forcing investors to confront the possibility that the dominance of the US currency might fade — or even end

    Montage image of Donald Trump, overlaid with cash in dollars and a red line chart
  • Thursday, 17 April, 2025
    Trump tariffs
    Trump’s tariff threats boost demand for currency hedging

    Exchange rate volatility surges to levels last reached during collapse of Silicon Valley Bank and Credit Suisse

    An electronic board displays currency information with the flags and currency codes of China (CNY), EU (EUR), Japan (JPY) and Mexico (MXN)
  • Thursday, 17 April, 2025
    News in-depthTrump tariffs
    How a country ‘nobody has heard of’ ended up in Trump’s crosshairs

    Lesotho, which US policy turned into a hub for Levi’s jeans and Trump-branded golf shirts, faces economic devastation

    Garment workers in Lesotho
  • Thursday, 17 April, 2025
    Electric vehicles
    Europe’s centre-right calls for softening of 2035 green car target

    EU should ditch its planned ban on internal combustion engines, Manfred Weber of EPP says

    Car being refuelled at a service station
  • Thursday, 17 April, 2025
    European banks
    Santander deposes UBS as continental Europe’s most valuable bank

    Swiss lender’s market capitalisation has been hit harder by US tariffs than Spanish rival

    A sign in the window of a UBS Group AG bank branch in Geneva
  • Thursday, 17 April, 2025
    Chris Murphy
    Trump’s tariff policy has nothing to do with trade

    The president is using economic warfare to compel corporate loyalty

    Ewan White illustration of a man in a suit kissing the hand of Donald Trump, who is wearing a royal cloak over his jacket
  • Thursday, 17 April, 2025
    FT News Briefing podcast10 min listen
    Emerging markets’ surprising performance

    Federal Reserve chair Jay Powell is warning that US tariffs are ‘likely’ to put at r…

  • Wednesday, 16 April, 2025
    DeepSeek
    US House panel probes whether DeepSeek used restricted Nvidia chips

    Lawmakers say the Chinese AI group is a ‘profound threat’ to national security

    DeepSeek logo on a mobile phone
  • Wednesday, 16 April, 2025
    US foreign policy
    US places sanctions on Chinese refinery over Iran oil purchases

    Trump administration accuses Shandong Shengxing Chemical of buying crude as it increases pressure on Beijing and Tehran

    A gas flare on an oil production platform is seen alongside an Iranian flag
  • Wednesday, 16 April, 2025
    US equities
    Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

    Chipmaker leads declines as Wall Street sell-off reignites

    Trader holds head in hands on stock exchange floor
  • Wednesday, 16 April, 2025
    Tax
    US engaging on global tax deal despite Trump’s defiance, OECD says

    Landmark agreement to reform corporate tax for tech and multinationals is struggling to move forward

    OECD secretary-general Mathias Cormann speaks at an event
  • Wednesday, 16 April, 2025
    The FT ViewThe editorial board
    Asia’s straining middle class

    For sustained income growth, policymakers must bolster economic resilience

    A worker arranges rolls of thread for a weaving loom at the Trisula Textile Industries factory in Cimahi, West Java
  • Wednesday, 16 April, 2025
    Nvidia
    Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales

    US chipmaker reveals $5.5bn impairment, while full hit to China revenues could surpass $10bn

    Jensen Huang
  • Wednesday, 16 April, 2025
    US economy
    US consumers rushed to buy cars ahead of Trump’s auto tariffs

    Vehicle sales jump in March before implementation of steep levies

    Ford vehicles for sale at a dealership in California in April 2025
  • Wednesday, 16 April, 2025
    Q&ATrade Secrets
    Q&A: How has Trump changed the world order?

    FT journalists answered questions on the changing trade, economic and geopolitical relationship between the US and its allies

    Combination image of Gideon Rachman, Kate Duguid, and Alan Beattie
  • Wednesday, 16 April, 2025
    Bank of Canada
    Bank of Canada holds policy rate at 2.75%

    Decision comes as country faces economic uncertainty from US trade war

    Tiff Macklem
  • Wednesday, 16 April, 2025
    Nvidia
    Nvidia to take $5.5bn hit as US clamps down on AI chip sales to China

    Trump administration’s curbs send chipmaker’s shares sliding

    The Nvidia logo
  • Wednesday, 16 April, 2025
    Trump tariffs
    Gavin Newsom says California to sue over Trump tariffs

    State governor argues duties will lead to job losses and higher prices

    Gavin Newsom
  • Wednesday, 16 April, 2025
    US-China trade dispute
    Trump tariff war to slash North American exports by 13%, warns WTO

    Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the two

    Ngozi Okonjo-Iweala
  • Wednesday, 16 April, 2025
    News in-depthTrump tariffs
    Japan set for ‘guinea pig’ trade talks with US after Trump’s tariffs

    Tokyo first in line for negotiations that will be closely watched as test case of Washington’s trade war strategy

    Ryosei Akazawa arrives at the prime minister's office in Tokyo accompanied by several men in suits
  • Wednesday, 16 April, 2025
    Moral Money
    Trump’s ‘reciprocal’ tariffs would be debilitating for poor nations, UN trade body warns Premium content

    Also in today’s newsletter, being a member of the Net-Zero Banking Alliance just got a heck of a lot easier

    A woman stands inside a bustling factory in the Thetsane Industrial Area, Maseru, Lesotho. Workers are busy sewing jeans, surrounded by piles of denim and sewing machines.
  • Wednesday, 16 April, 2025
    Janan Ganesh
    Donald Trump’s gift to globalisation

    Not since the crash of 2008 has free trade held the moral and intellectual high ground

    Carl Godfrey illustration of a red shipping container with a white heart drawn on it.
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