International - Financial Times - Credit Squeeze

Trump administration’s curbs send chipmaker’s shares sliding

State governor argues duties will lead to job losses and higher prices

Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the two

Tokyo first in line for negotiations that will be closely watched as test case of Washington’s trade war strategy

Also in today’s newsletter, being a member of the Net-Zero Banking Alliance just got a heck of a lot easier

Not since the crash of 2008 has free trade held the moral and intellectual high ground

Traders cement bets on at least three quarter-point interest rate cuts this year

Bloc registers steep rise in products purchased online not meeting safety standards

Also in today’s newsletter, Jamie Dimon warns of risk to US’s credibility from trade war and China reports robust growth

It may not last forever

Exporters frontload shipments to beat levies as US president says ‘ball’ is in Beijing’s court to start talks

Clash comes as car companies hold crunch talks with Trump to head off 25% import tariffs

Also in this newsletter: Irish students warned to think twice before going to the US

Buyout executives say economic uncertainty unleashed by US tariffs has made pricing assets challenging

Tariff-induced economic uncertainty prompts worries over potential defaults and downgrades

The success of the IMF’s latest bailout depends on weaning the country off its addiction to the dollar

The EU is trading market access for expertise in key technologies, just as Beijing once did

Plus, tariff threats push private equity groups to halt dealmaking and the high-yield bond market grinds to a halt

US president could escalate trade conflict with Beijing by launching probe into supplies

Float will test demand for tech listings as US tariffs rock markets