Germany warns against EU hitting Big Tech in retaliation to Trump tariffs

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. Germany and other European countries have cautioned against Brussels potentially hitting Big Tech if trade negotiations with the Trump administration fail over the next few months. US President Donald Trump earlier this month … Read more

Trump tariffs could push US inflation to 4% this year, warns top Fed official

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 Donald Trump’s tariffs will send US inflation soaring to as high as 4 per cent this year, push unemployment higher and hit economic growth amid “pervasive” uncertainty, a top Federal Reserve … Read more

Donald Trump has added a political risk premium to US assets

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 This week, we witnessed “the greatest economic master strategy from an American President in history”, according to Stephen Miller, adviser to Donald Trump.  The US president’s U-turn from most of his … Read more

Renault emerges as winner in Trump tariff chaos

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] The turmoil caused by Donald Trump’s trade policies has ensnared the entire automotive industry except for one smaller player: France’s Renault. Having emerged from a five-year turnaround under boss Luca de Meo and with hardly any US sales, Renault is insulated — at least for now — from the 25 per cent tariff … Read more

Trump tests the American attitude to pain

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 Two millennia ago, the Roman poet Decimus Junius Juvenalis (“Juvenal”) decried the political phenomenon of “bread and circuses”. Back in AD100, the Roman empire was crushed by so much debt and … Read more

Asia’s emerging nations squeezed by Trump tariffs and China’s retaliation

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Asia’s developing economies are being squeezed by Donald Trump’s tariff blitz and China’s retaliation after years of benefiting as low-cost hubs for US exports. Stock markets of emerging nations, mainly part of the Asean group of countries in south-east Asia, have been among the year’s biggest losers from the turmoil created by the … Read more

EU could tax Big Tech if Trump trade talks fail, says von der Leyen

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] The EU is prepared to deploy its most powerful trade measures and may impose levies on US digital companies if negotiations with Donald Trump fail to end his tariff war against Europe. European Commission president Ursula von der Leyen told the Financial Times that the EU would seek a “completely balanced” agreement with … Read more

Donald Trump bends to the power of the markets

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 Donald Trump called his announcement of huge, self-destructive tariffs “liberation day”. For the financial markets, some liberation from the ensuing days of turmoil came a week later when the US president … Read more

If Trump is trying to suppress China, he’s going about it all wrong

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 writer is a professor at Hong Kong University of Science and Technology and author of ‘The New China Playbook: Beyond Socialism and Capitalism’ Technological leaps are rarely born in comfort. They are … Read more

Why did Donald Trump buckle?

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Was it Jamie Dimon or the bond market? Donald Trump played chicken with the markets for a week. But by Wednesday the multi-front trade war he launched on the world on April 2 with much fanfare had become unsustainable economically, financially and politically for the US president.  In an abrupt move, Trump swerved … Read more

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