Companies backed by Elon Musk and Jeff Bezos in line for lower financing costs through eligibility for tax-free bonds
White House extends deadline for ‘reciprocal’ levies from July 9 to August 1
And that might become a problem
The country’s latest sanctions are proving far more effective than prior efforts
Complaints made against Swiss bank over losses on foreign exchange derivatives in wake of US tariff announcements
Deadline for countries to sign deals with Trump expires on Wednesday
Xu Zewei suspected of links to Beijing-backed group accused by Washington of stealing Covid-19 vaccine secrets
The EU in particular has failed to stick to a strategy
Washington prepares for end of 90-day pause on steep ‘liberation day’ levies
LG Energy Solution estimates $360mn in operating income in boost from projected $1mn without credit
Plus the budget and renewable energy
Also in this newsletter: Why von der Leyen will win the parliament battle but risks losing the war
I’ve never seen as many potentially market moving vectors simultaneously in play
Value of goods sent to US falls but shipping to Asean countries and EU rises
Donald Trump’s policy agenda does not address Republican economic realities
Market Questions is the FT’s guide to the week ahead
Bond markets can’t stand up to profligate governments alone
Warning was handed to EU trade commissioner at Washington meetings
Companies are not yet rushing to relocate production to the US, but investment and dealmaking have already slowed
The US isn’t the only nation showing a troubling lack of discipline
US president appears to be losing patience, with only two deals agreed ahead of July 9 deadline
As the president launches a trade war, follow the latest data on imports, exports and trade balances
As the president launches a trade war, follow the latest data on how markets react and how the country’s economy is performing
The US president marks July 4 with a string of achievements in his first months in office
The legislation would cut taxes by $4.5tn over 10 years while slashing welfare spending and green subsidies