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@financialtimes news and analysis about the global economy, including columns by Martin Wolf.
London
Joined July 2009
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, Thai fighter jets strike Cambodia, 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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Brussels warns Beijing its running out of patience on improving relations
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Also in this newsletter: EU simplification savings worth €8.5bn and Zelenskyy’s anti-corruption power grab
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Martin Wolf: Germany’s spending gamble | FT Film
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For decades Germany was allergic to debt. But new chancellor Friedrich Merz has - unexpectedly - loosened the country’s constitutional debt brake, injecting hundreds of billions of euros into the...
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Von der Leyen tells Xi EU-China ties are at ‘inflection point’
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EU leaders press Beijing over trade surplus and support for Russia’s war in Ukraine at one-day summit
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The risk to poor countries’ exports from the whims of the rich
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Donald Trump’s tariff threat to Lesotho shows the danger of relying on preferential trade access
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Big US toymakers seek to diversify away from China as tariffs bite
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Uncertainty around levies weigh on Mattel and Hasbro
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FirstFT: US and EU near a trade deal
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Also in today’s newsletter, India-UK trade deal set for signing, and Tesla profits slump on worsening EV sales
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UK-India trade deal to be signed by Starmer and Modi
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Tariffs on more than 90% of British exports to Asian country will be cut, including cosmetics, clothes, food and drink
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Chipotle sales slip as inflation drives belt-tightening in US
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New menu items help to slightly boost growth in foot traffic during the second quarter
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