China says ‘sky won’t fall’ as exports surge ahead of Donald Trump’s tariffs

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China’s exports surged last month in a sign of a rush to dispatch shipments before Donald Trump’s “liberation day” tariffs triggered a full-blown trade war between the world’s two largest economies. … Read more

Global stocks lifted by US reprieve for Trump’s tech tariffs

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Global equity markets rebounded on Monday despite US warnings that a tariff reprieve for some consumer electronics would be temporary, as investors hoped tech groups and American consumers might be spared … Read more

Trump’s trade war shatters hopes of 2025 luxury revival

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] 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 … Read more

Global turmoil makes Britain’s productivity predicament even worse

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] 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 … Read more

Untangling the spaghetti bowl of tariffs

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] 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 … Read more

UK and EU close ranks on defence amid Trump turmoil

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The global turmoil prompted by the Trump administration is deepening the EU’s resolve to sign a defence and security pact with the UK that would allow British arms companies to participate in joint … Read more

Italy’s biggest refinery in crisis three years after sale by Russia’s Lukoil

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Italy’s largest refinery, which was sold by Moscow-based Lukoil after EU sanctions cut it off from Russian oil, is in crisis as the Greek billionaire who is now its majority investor and commodity giant Trafigura clash over the terms of a crude supply arrangement. GOI Energy bought the ISAB plant in the Sicilian … Read more

Ohio shrugs off Trump tariff turmoil

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] For Nick Jarmoszuk, an Ohio industrialist, the trade war President Donald Trump has unleashed against China has not come a moment too soon. America’s trade imbalance with the rest of the world was “something that’s been festering for a long time, and it’s a good thing to address”, he said. “The longer you … Read more

Wall Street stock futures rise after temporary US tech tariff exemption

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] 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 … Read more

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