International - Financial Times - Credit Squeeze

Who cares what the papers say?

State media reports meeting between US investment bank chief and senior officials

Worries about trade wars and a rising debt load have shaken faith in the Treasury market

US negotiators to tell Brussels they expect unilateral concessions

Former Biden top adviser predicts jobs and projects in Republican states will suffer

Malaysia and Singapore find harder to maintain neutrality as geopolitical tensions grow

Executives seek deal with US but sales set to fall in sector facing structural problems

iPhone-maker continues manufacturing pivot away from China but Donald Trump demands shift back to US

Summit makes little progress on how to respond to Donald Trump’s trade war

Western governments must tackle the maritime lawlessness their sanctions helped create

Investor unease at the US’s fiscal position is growing

Libertarian leader wants $270bn in hidden dollar savings to help phase out peso

Eurozone banks hold €1.3tn in loans to sectors most exposed to severe water shortages, including farming

An asset-backed equipment finance programme would be just the boost US companies need

Stocks also slide after lacklustre $16bn auction for 20-year Treasuries

And it’s a lot better than the old policy consensus

Also in today’s newsletter, Trump’s ‘big, beautiful’ bill deepens investor worries, and Nestlé’s chief criticises his predecessor

A scary moment could require a new framework

The latest set of Chinese restrictions on rare earths exports are the most worrying to date

Expectation of bilateral agreements strengthens Korean won and Taiwan dollar against greenback