International - Financial Times - Credit Squeeze

There are other tools of economic coercion in the modern global economy

The country will effectively have deciding vote on whether to hit back hard against US tariffs

Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayed

New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035

Plus, Wall Street traders poised to bail out bankers in Q1 results, and London gets a new toll crossing

Eggflation was stalled by Turkey (the country, not the bird)

Trump’s Africa adviser agrees ‘path forward’ to drive American mining investment as Tshisekedi government seeks to shore up support

Market Questions is the FT’s guide to the week ahead

Voter and business sentiment will pile pressure on the president’s agenda

Trump’s levies on foreign-made vehicles spark disruption across global carmakers’ supply chains

The commitment to reaching decisions by consensus has led to paralysis

Corporate credit is ‘the canary in the coal mine’ for a faltering economy, analysts warn

Past periods of protectionism suggest it is easier to start trade wars than end them

Nike, Adidas and Puma shifted production to Vietnam for its cheap labour but will now be hit by 46% levy

Demonstrations mark the first big display of public resistance to president’s frenetic second term

Executives unsure how far to go in re-engineering their businesses and hope they can lobby US president to ease policies

After markets tumble, president reiterates that his policies ‘will never change’ in social media post

The arbitrariness of the tariffs is a feature not a bug in the plan to short-circuit the financial establishment

Rate increase comes at a time when borrowers are already having to tighten their belts

Trump’s threats of annexation and tariffs hit the country’s largest international tourist market