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@financialtimes news and analysis about the global economy, including columns by Martin Wolf.
London
Joined July 2009
Starmer aims to cut steel tariffs as Trump arrives in Scotland
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US president will talk trade with the UK premier and the EU’s Ursula von der Leyen on golf-focused trip
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Trump brings war against the Fed to Powell’s home turf
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Current and former officials view the president’s widening assault on the central bank with alarm
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How to live in a G minus one world
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As America disengages, other countries are having to work together to find solutions to global problems
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EU’s von der Leyen says she will meet Trump in Scotland on Sunday
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European commission president’s trip comes as bloc races to secure trade deal with Washington
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Cracks widen in Japan and US’s interpretation of tariff trade deal
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Tokyo officials contest Washington’s claim that American investors assured of vast share of profits from joint investment
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Reeves faces ‘significant challenges’ from trade war and small headroom, warns IMF
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Fund says Rachel Reeves faces ‘tough fiscal choices’ to balance public finances
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Volkswagen lowers guidance on €1.3bn tariff hit
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German auto group lowers return-on-sales estimate as second-quarter operating profit fell by one-third
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Starmer to press Trump over deal to cut tariffs on UK steel imports
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Prime minister will also make the case for closer ties as US president visits golf courses in Scotland
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UK households prioritise saving more than at any point since 2008 crash, survey finds
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Results reflect concerns over tax rises in the autumn and impact of inflation, analysts say
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FirstFT: Nvidia chips worth $1bn smuggled to China despite Trump export controls
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Also in today’s newsletter, Macron’s pledge to recognise Palestine and Trump clashes with Fed chair
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UK carmakers left underwhelmed by UK-India trade deal
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Accord means tariffs for UK petrol and diesel car manufacturers will fall to headline 10% rate only in 2031
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What Trump should tackle next to boost growth
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Permitting and housing reforms as well as R&D investment and more highly-skilled immigrants are needed
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EU to keep trade retaliation in reserve even as deal with US nears
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Brussels designs countermeasures that can be activated quickly if Donald Trump fails to stick to agreed terms
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Nvidia AI chips worth $1bn smuggled to China after Trump export controls
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Roaring black market for US semiconductors operates despite efforts to curb Beijing’s high-tech ambitions
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UK business activity slows as companies hit with rising costs
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‘Sluggish’ growth reflects impact of Budget and geopolitical uncertainty
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European stocks gain on hopes of US-EU tariff deal
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Pharmaceuticals and autos advance following FT report that 15% levy deal is close
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Hyundai profits fall 22% as US tariffs on carmakers bite
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World’s third-largest auto group reports $600mn hit from levies
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Roche in talks with Washington on plan to sell drugs directly to patients
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Swiss drugmaker says cutting out industry intermediaries could shave 50% off drug prices in US
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Japan strikes a deal
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The rate outlook is solidifying, but trade relief only goes so far
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