International - Financial Times - Credit Squeeze

For now, at least!

PM admits he does not know if Trump can be persuaded to scrap 10 per cent levy on all imports

Cryptocurrency recovers off lows even as US and China ratchet up trade tensions

Long-delayed talks between London and New Delhi given fresh impetus by US taxes on imports

Oil price hit by recession fears as trade war between US and China escalates

Jump in yields on 30-year gilts comes as investors also dump US Treasuries

Investors on the lookout for havens may want to check out supermarket stocks

Costs jump to 18-month highs as fears grow about health of region’s highly indebted groups

The largest US retailer is striving to keep prices low even as Donald Trump’s levies take effect

Beijing to match new duties imposed by Donald Trump with effect from Thursday as trade war escalates

Imports boom

The double whammy of falling bond and equity prices could partly be hedge funds unwinding so-called ‘basis trades’

Market meltdowns are all the same — here are six things I’ve learnt

As tariffs escalate, FT specialists recommend titles that explain the forces and ideas shaping trade policy in recent decades, including President Trump’s trade war

Bond bombshell

Investors say misfiring ‘basis trades’ are piling pressure on US government bond market

Central bank warns UK economy is particularly exposed to volatility triggered by Donald Trump’s policies

Attempts to read grand strategy into the US president’s doings have run their course

Bank of Spain governor says global investors may reassess role of US dollar as haven currency

Also in today’s newsletter, Musk calls Navarro a ‘moron’, and the hedge fund caught off guard by the sell-off