Not since the crash of 2008 has free trade held the moral and intellectual high ground
Traders cement bets on at least three quarter-point interest rate cuts this year
Bloc registers steep rise in products purchased online not meeting safety standards
Also in today’s newsletter, Jamie Dimon warns of risk to US’s credibility from trade war and China reports robust growth
It may not last forever
Exporters frontload shipments to beat levies as US president says ‘ball’ is in Beijing’s court to start talks
Also in this newsletter: Irish students warned to think twice before going to the US
Clash comes as car companies hold crunch talks with Trump to head off 25% import tariffs
Plus, tariff threats push private equity groups to halt dealmaking and the high-yield bond market grinds to a halt
The EU is trading market access for expertise in key technologies, just as Beijing once did
The success of the IMF’s latest bailout depends on weaning the country off its addiction to the dollar
Tariff-induced economic uncertainty prompts worries over potential defaults and downgrades
Buyout executives say economic uncertainty unleashed by US tariffs has made pricing assets challenging
US president could escalate trade conflict with Beijing by launching probe into supplies
Float will test demand for tech listings as US tariffs rock markets
Latest executive order could shake up US pharma industry
Upsized offering from energy group ends two-week high-yield bond drought triggered by Trump trade war
Diplomats from the bloc say American negotiators stressed the need for levies as part of efforts to repatriate industry
Beijing may have more leverage than President Donald Trump thought
Medical devices like group’s surgical robots have already been hit by the new US charges
Trump’s delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
JPMorgan Chase chief executive warns US dominance cannot be taken for granted
Chinese carmaker’s absence from the US, once seen as a weakness, has turned into an asset
Investors expect greenback to depreciate over next 12 months, according to BofA research