International - Financial Times - Credit Squeeze

Unusual agreement follows growing concern in Washington over Chinese dominance of crucial weapons materials

Unpopular government uses US president’s intervention to brand conservative opponents as traitors

Sarah Breeden cites evidence that extreme weather events push up inflation in ways central banks find difficult to combat

JPMorgan Chase boss warns on EU competitiveness and market complacency over tariffs

‘Taco trade’ dominates as stocks, bonds and currencies remain calm

Levies on world’s top arabica producer rattles investors in sector

Also in today’s newsletter, Moët Hennessy’s sexual harassment case and questions over the Federal Reserve’s independence

What will the global economy look like if it loses its monetary anchor?

Companies including Ford warn that steep levies for car carriers will prove counter-productive

Ivanhoe Mines founder Robert Friedland welcomes 50% import levy and says domestic production is ‘fundamental’ to US security

Jakarta’s push for further postponement comes as EU countries call for ‘onerous’ rules to be simplified

No sensible government would think of emulating his trade policies as they have his other plans

Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth

The US president has stepped up his criticism of the central bank’s chair, prompting some to question how long it can remain above politics

Policymakers fear cutting borrowing costs to boost economic growth could drive capital’s real estate prices higher

US president accuses country of launching a ‘witch-hunt’ against former leader Jair Bolsonaro

Brazil signalled it would respond after being hit with a high 50% levy on goods shipped to the US

Minutes from US central bank’s June meeting highlight schism over effect of Donald Trump’s levies

Export growth has been strong but not lived up to its potential

The bloc of heavyweight emerging markets has grown bigger but less coherent