International - Financial Times - Credit Squeeze

Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge

Birdflation hits the greasy spoon

Suntory boss expects to sell less in Europe, Canada and Mexico as a result of US president’s protectionist trade policies

ladies and gentlemen, we got ’em (mammals)

Austan Goolsbee warns it is ‘dangerous’ to overlook potential supply shocks triggered by trade war

UK lender loses first round in battle against HMRC over assets inherited as part of government-backed HBOS takeover

Analysts bombard executives of listed companies with questions on coping with trade wars

Investment is pouring into the region, but extracting value is proving harder than expected

Libertarian leader has embraced upheaval in international institutions triggered by US president

Postal group struggles to respond to Trump’s decision to put levies on lower-priced goods

The tariff row is further indication that he is quick to quarrel but also quick to settle

Also in today’s newsletter, EU’s ‘bazooka’ against Trump’s tariff threat and Alphabet shares drop

Traders had expected Beijing to weaken its currency following a week-long market holiday

Plus testing liquidity

Also in this newsletter: Can Jens Stoltenberg tame the US president once again?

Prices have climbed more than 8% this year on fears of a global trade war

‘Bazooka’ tool being considered as bloc’s trade ministers express support for punitive action if necessary

A quarter of young Canadians are open to exploring union with the US

US president’s brinkmanship with Canada and Mexico shows he is willing to take risks to get his way on the economy

Toymaker has some production in Mexico and China