International - Financial Times - Credit Squeeze

Also in today’s newsletter: Davos gloom, and Trump warns Putin to reach Ukraine ‘deal’ soon

There is so much more than tariffs that can go wrong

EU trade chief says adding Britain to pan-European area is something Brussels ‘could consider’

Technology and R&D groups among most likely to consider relocation amid brewing trade conflict

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

And the impacts of tariffs on Canada and Mexico

Also in this newsletter: The ICC asks why Italy released an alleged war criminal

Teresa Ribera says European Commission weighing up measure demanded by Germany

Christine Lagarde warns of ‘existential crisis’ for continent while Donald Trump puts America first

US central bank will wait for more details of Trump’s policies before resuming cuts, says bond manager’s investment chief

Sumitomo Electric head says president’s proposed 25% duty would amount to the US ‘strangling’ itself

Distortions from US tariffs need not be disastrous

Carmaker backed by China’s Geely maintains US growth strategy despite mounting uncertainty

Proposed spending comes after carmaker’s chair met Donald Trump before his inauguration

President threatens retaliation against ‘discriminatory’ levies on US multinationals

Asaad al-Shaibani tells FT that Damascus wants to privatise state-run companies and secure sanctions relief

Also in today’s newsletter, ByteDance’s $12bn AI plans, and Alex Soros has Lunch with the FT

Benchmark Hong Kong share index down 1.6% after trade shot at Beijing

Broken Britain

New US president hints at potential agreement linking TikTok ownership with levies