China is comfortably the world’s trading superpower. Its trade surplus — the difference between imports and exports — rose to almost $1tn last year. Beijing’s exporting machine is one of the main reasons President Donald Trump has launched the opening shots in his new global trade war. But it is not just the US that…

Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Carmakers are holding thousands of vehicles at US ports and temporarily halting shipments as they seek to minimise the fallout from President Donald Trump’s intensifying trade war. Some manufacturers have begun delaying the entry of their…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executive of a large European asset manager received an unusual if chunky task from his board recently: how to de-Americanify the company. The request is nothing if not a sign of the times…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Prices of leather goods, clothing, furniture and consumer electronics are expected to increase sharply for US households in the coming months because the country relies heavily on imports from nations targeted by Donald…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s Starlink is in a fight with Canada’s top telecoms group over accessing millions of dollars in subsidies, as the country’s growing anti-US sentiment puts the billionaire’s satellite business under further scrutiny. Bell and…

From car factories to aluminium smelters, Donald Trump wants to bring manufacturing back to the US by waging the biggest trade war since the 1930s, but executives warn tariff uncertainty will make it too risky to invest billions of dollars in building new American plants. “Reshoring” has been a top priority for the US president,…

Donald Trump has singled out “tariff” as “the most beautiful word” in the English language, but his determination to reshape global trade extends far beyond customs duties, senior administration officials have warned.  Peter Navarro, Trump’s influential senior counsellor for trade and manufacturing, said on Tuesday the White House had the full range of “non-tariff weapons”…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is US senator for Massachusetts and the top Democrat on the Senate committee on banking Since President Donald Trump announced his massive tariffs, the stock market has experienced its biggest decline…