Trump’s tariffs threaten Ireland’s pharma fortune

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world There was once an English-speaking country that tried to make itself economically self-sufficient by imposing tariffs and quotas on trade. Its protectionist experiment was a miserable failure: the economy stagnated and many people … Read more

China isn’t trying to win the AI race

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is professor of law at the Gould School of Law, University of Southern California, and author of ‘High Wire: How China Regulates Big Tech and Governs Its Economy’ Last week, the US further … Read more

Is my pool really the problem?

Some life decisions are made while not entirely sober: Las Vegas weddings, buying a boat, joining a gym. And somewhere on that list of financial self-harm sits the moment you declare: “You know what I need? A house with a swimming pool.” For some, it’s a shimmering rectangle of liquid regret. It starts with noble … Read more

The UK’s wine tax is a hangover for sellers

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Call it the Case of the Missing Malbec. Some heavier wines are disappearing from UK stores, sellers say, because a new system of duties makes them unprofitable. The aim of the tax change is partially … Read more

How the white wine boom is transforming Galicia

Madrid and Barcelona have always been left to tourists rather than natives in August, but now that summers are increasingly torrid, more and more Spaniards are heading north rather than south or east for their summer holidays. A prime beneficiary of this is Spain’s wettest, coolest, greenest region, Galicia in the far north-west, which is … Read more