Economy news

• FirstFT: India says Pakistani drone attacks ‘neutralised’ as conflict escalates

  08-05-2025 23:56 via ft.com
  
  Also in today’s newsletter, Robert Prevost becomes first American pope, and US and UK seal trade deal
  
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• UK-US trade deal as it happened: Washington and London agree first pact of Trump’s trade wars; BoE cuts rates and warns of tariff hit to growth

  08-05-2025 22:30 via ft.com
  
  US president promises ‘breakthrough’ deal with UK will be first of many as he signals optimism on China talks
  
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• Trump and Merz agree to ‘quickly settle’ US-Germany trade disputes

  08-05-2025 22:30 via ft.com
  
  US president promises ‘breakthrough’ pact with UK will be first of many as he signals optimism on China talks
  
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• Cars, cows, crops: the winners and losers from Trump’s trade deal with Britain

  08-05-2025 20:48 via ft.com
  
  Experts warn pact still leaves UK facing higher tariffs on exports to the US than before president returned to office
  
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• British Airways owner to buy Boeing jets after US and UK agree trade deal

  08-05-2025 20:26 via ft.com
  US president promises ‘breakthrough’ pact will be first of many as he signals optimism on China talks
  
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• US agreement leaves the UK open to do a much more significant EU deal

  08-05-2025 20:18 via bbc.com
  Economically this US deal is relatively small, although important to very specific sectors.
  
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• US and UK seal first deal of Trump’s trade war

  08-05-2025 20:13 via ft.com
  White House and Downing Street celebrate tariff cuts but critics warn of a thin agreement that could face legal challenge
  
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• Months of talks, then a late scramble: how the UK finally struck a US trade deal

  08-05-2025 20:09 via ft.com
  Sir Keir Starmer welcomed agreement to blunt impact of Donald Trump’s tariffs
  
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• Milken mission: Trump dispatches Bessent to calm the financial elite

  08-05-2025 19:30 via ft.com
  US Treasury secretary’s message in Beverly Hills got a mixed review from investors
  
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• ‘Grow up’: The Trump team’s message to Milken money men

  08-05-2025 19:30 via ft.com
  
  Investors went to the annual finance gathering seeking reassurance from Scott Bessent. They did not get it
  
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• Britain’s trade deals are a starting point

  08-05-2025 19:07 via ft.com
  
  Agreements with the US and India are imperfect, but better than nothing
  
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• Britain’s trade deal with Trump may not be good news for the world

  08-05-2025 18:41 via ft.com
  
  Starmer’s choice undermines multilateralism and poses risks to the UK
  
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• Bank of England vote split hits hopes for faster interest rate cuts

  08-05-2025 18:21 via ft.com
  
  Debate highlights uncertain outlook for UK growth and ‘plethora of risks’ facing economy
  
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• UK inflation rate: How quickly are prices rising?

  08-05-2025 15:22 via bbc.com
  UK Inflation has fallen but remains above the Bank of England's 2% target.
  
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• Federal Reserve holds rates steady as it grapples with tariff uncertainty

  08-05-2025 15:00 via ft.com
  
  Monetary policymakers face increasingly difficult battle figuring out how, and when, to take action
  
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• EU threatens tariffs on US cars if talks with Washington fail

  08-05-2025 14:59 via ft.com
  
  Brussels also plans to target aircraft, bourbon and wine in latest retaliation proposals
  
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• BoE cuts interest rates by a quarter point to 4.25%

  08-05-2025 14:58 via ft.com
  Monetary Policy Committee split three ways over decision
  
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• EU companies in China see some benefit from Trump’s trade war

  08-05-2025 14:48 via ft.com
  Survey finds high tariffs hurting European businesses but also offering chance to win market share from US rivals
  
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• EU companies in China see some benefit from Donald Trump’s trade war

  08-05-2025 14:48 via ft.com
  
  Survey finds high tariffs hurting European businesses but also offering chance to win market share from US rivals
  
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• Britain set to strike first trade deal with Trump

  08-05-2025 14:41 via ft.com
  
  Limited agreement is expected to be focused on British steel and car exports
  
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• Early US trade pact is a diplomatic win as Starmer struggles at home

  08-05-2025 12:40 via ft.com
  Agreement likely to be narrow in scope and largely an exercise in damage limitation
  
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• FirstFT: Pimco warns investors are underestimating Trump’s resolve on trade

  08-05-2025 12:24 via ft.com
  Also in today’s newsletter, US-UK trade deal and the colourful history of the conclave
  
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• Trump’s tariffs will boomerang on US exporters

  08-05-2025 12:00 via ft.com
  
  A tax on imports is a tax on exports
  
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• Maersk boss says upending global trade with tariffs could take decades

  08-05-2025 10:46 via ft.com
  
  Vincent Clerc says changing supply chains fast using trade war is ‘very unrealistic’
  
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• Yvette Cooper’s shadow looms over UK trade ambitions

  08-05-2025 10:30 via ft.com
  
  Deal with India signals progress, but Home Office still sets terms on government’s immigration strategy
  
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• Toyota warns profits set to fall 21% as Trump tariffs take their toll

  08-05-2025 07:50 via ft.com
  
  World’s biggest carmaker forecast includes $1.25bn impact from trade levies in April and May
  
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• The Fed digs in

  08-05-2025 07:30 via ft.com
  And making sense of Trump’s economic vision
  
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• How the EU deforestation law aggravates the trade dispute with the US

  08-05-2025 07:00 via ft.com
  Also in this newsletter: Ukrainian parliament to ratify minerals deal with the US
  
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• FirstFT: Trump worries push Europe to prioritise defence ahead of Nato summit

  08-05-2025 06:41 via ft.com
  
  Also in today’s newsletter, US-UK trade deal and Trump offers to mediate India-Pakistan conflict
  
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• Trump to announce trade deal with UK

  08-05-2025 06:09 via ft.com
  
  The agreement is expected to be unveiled later on Thursday
  
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• The ants, the grasshopper and Japan’s future

  08-05-2025 06:00 via ft.com
  Trump’s trade crisis will answer whether the country’s corporates have saved or danced all summer
  
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• Investors are misjudging Trump’s resolve on tariffs, Pimco warns

  08-05-2025 06:00 via ft.com
  Bond giant says Wall Street should ‘believe’ the president’s threats to restore big levies
  
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• How can Democrats combat Donald Trump?

  08-05-2025 06:00 via ft.com
  
  Democratic politicians are either protesting against Republicans or podcasting with them - will either strategy succeed?
  
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• Has Japan been an ant or a grasshopper?

  08-05-2025 06:00 via ft.com
  Trump’s trade crisis will answer whether the country’s corporates have saved or danced all summer
  
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• EU capitals want retaliation against Trump delayed to avoid Nato clash

  08-05-2025 06:00 via ft.com
  Diplomats are urging Brussels to prioritise US security relations and put contentious trade decisions on hold
  
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• A resilient US economy can withstand the Trump tariff shock

  08-05-2025 06:00 via ft.com
  International trade and American growth have bounced back from big setbacks before
  
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• China’s Xi attacks US ‘hegemony’ ahead of Putin summit

  08-05-2025 03:00 via ft.com
  Chinese and Russian presidents to signal strength of their alliance in Moscow meeting
  
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• British chip designer Arm latest to be hit by Trump tariff uncertainty

  08-05-2025 00:23 via ft.com
  SoftBank-owned company reported its fourth-quarter results and issued a conservative sales outlook
  
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