Why the US will lose against China

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s “liberation day” of supposedly “reciprocal tariffs” against the rest of the world — arguably, the most eccentric trade policy proposals ever made — has, after a hasty retreat under fire from … Read more

Germany’s corporate cheer defies the gloomy zeitgeist

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A booming stock market. Confident executives. Optimistic consumers. Who would have thought that the scene for all this jollity would be Germany? Germans are at their most positive since last August, according to a consumer … Read more

Kevin Warsh delivers Fed a blast of cold heir

This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Kevin Warsh, the presumptive heir to Jay Powell as Federal Reserve chair, gave a speech last … Read more

Has sentiment bottomed out?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

The real lessons from the Plaza and Louvre accords

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is former vice-chair of the Federal Reserve and global economic adviser at Pimco The September 1985 Plaza Accord and the subsequent February 1987 Louvre Accord are justly lauded today as significant … Read more