International - Financial Times - Credit Squeeze

Downside risks to growth and inflation have become bigger, Belgian’s central bank governor warns

The US president wants to say he saved Hollywood — which may give the studios leverage

After his high-profile foreign tour, the president comes home to a ratings downgrade and warnings on inflation

Brussels and Washington exchange negotiating documents after weeks of deadlock

Four months after Donald Trump returned to the White House, governments are still agonising over how to approach an erratic, unpredictable American president

South American nation had been the last big producer not affected by the outbreak

Drop comes as jolt of enthusiasm among Republicans in wake of Donald Trump’s election wanes

Some US officials fear move could jeopardise trade talks with Beijing

President says Washington lacks capacity to strike deals with every nation

Also in today’s newsletter, fresh questions about Biden’s health and how Ukraine lost hundreds of millions of dollars in arms deals

Chair Johann Rupert warns price differences across regions risk pushing customers across borders for better deals

Plus inflation expectations

Also in this newsletter: EU-US trade talks ‘intensify’ as trade war truce nears half time

Prime Minister Shigeru Ishiba’s unpopular government fears concessions could prompt electoral backlash

Head of asset manager’s $2.3tn fixed-income unit says levies are testing Fed’s inflation and employment goals

History shows they must either be used decisively, together with allies, or not at all

Trump has shown a willingness to pivot in the face of adverse market reaction

Any trade agreement with China will not settle questions over the ongoing supremacy of US capital markets

Trade tensions and a drop in the biggest deals mask green shoots for smaller-scale buyouts and growth potential of tech sector

Optimism over tech stocks might be premature given the ongoing policy upheaval