Economics

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 president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy The image of business leaders, governments and investors having to drink out of a US policy fire hose…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It never rains, but it pours. This is how UK economic policymakers must feel right now. The economy performed terribly after the financial crisis of 2007-09, then performed even worse after the pandemic and is…

Xi Jinping has warned that US protectionism will “lead nowhere” as the Chinese leader embarked on a tour of Vietnam, Malaysia and Cambodia to strengthen ties with export-reliant south-east Asian economies rattled by Donald Trump’s escalating trade war. The visit, Xi’s first foreign trip this year, comes days after the US president raised tariffs on…

Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft. “NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Germany is willing to send Taurus long-range missiles to Ukraine, the country’s chancellor-in-waiting has said, as he stressed the need to put Kyiv on the front foot and force concessions from Russian President…

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Futures pointed to a tech stock rally when global markets opened in Asia on Monday for the first time since the US spared smartphones and other consumer electronics from the harshest tariffs against China. Futures…

Donald Trump’s trade war has shattered expectations for a US-driven recovery in the luxury market this year, as tariffs threaten to prolong a slump in demand for handbags and high-end watches. The US and China, the twin engines powering global demand for luxury goods, have continued to ratchet up tit-for-tat import duties on one another’s…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A Russian ballistic missile strike on the northeastern Ukrainian city of Sumy has left at least 34 civilians dead and 117 injured, according to President Volodymyr Zelenskyy and government officials. Families and children…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US commerce secretary Howard Lutnick said smartphones, computers and other consumer electronics may be hit with separate tariffs in a month, suggesting that exemptions offered on Saturday could be temporary. Late on Friday,…