International - Financial Times - Credit Squeeze

It’s not just bread and circuses any more

French carmaker insulated from industry tumult so far because it has close to zero sales in US

Even an unexpectedly solid inflation report wasn’t enough to sustain a Wall Street recovery

Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rate

Sector ‘ideally positioned’ to take advantage of disruption to global supply chain

Stock markets of Taiwan, Thailand and Vietnam deep in the red this year, despite rallying after reprieve on tariffs

Investors rush away from junk bonds and leveraged loans on rising recession fears

Gulf state pushes for free trade agreement with bloc

Investors warn 145% duties on US imports from China to hit growth even as president rolls back other levies

European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation

Have Trump’s policies hurt the US’s ability to borrow?

But trade war with China and tariffs on most US imports still risk great harm

Big Tech’s interests are in stark contrast to the movement that put Trump in the White House

Regular guidance from executives on the near-term path of profit just got more elusive

Shipments cancelled as punitive levies hit

Deputy governor Sarah Breeden says it is too soon to untangle inflationary implications stemming from trade barriers

Trump trade war and Opec output surge create toughest challenge since the pandemic, executives say

Countries queueing to negotiate with the White House have 90 days to strike a trade deal

PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions

The US’s biggest retailer is trying to convince Wall Street that scale is the key to winning market share amid trade war