Donald Trump has given BYD the edge over Tesla

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s latest wave of tariffs seemed like a win for Tesla. Heightened protectionism promised a well-timed shield for the US electric-vehicle maker just as Chinese rivals — especially BYD — were rapidly gaining ground. … Read more

Wall Street isn’t pricing in recession risk

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Given the recent thumping their portfolios have taken, investors could be forgiven for thinking that equities must now be factoring in a lot of downside risk. False hopes help no one, however. US stocks are … Read more

A Chips Act cautionary tale

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 Good morning. Sujeet here, subbing for Rob and Aiden. It is good to make another cameo at Unhedged today, this … Read more

Trump should offer Panama more than threats

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Settling the future of one of the world’s most strategically important waterways took almost four decades of US diplomacy in the last century. Putting it up for grabs again took President Donald Trump … Read more

How to survive a renovation — or 35

Stay informed with free updates Simply sign up to the House & Home myFT Digest — delivered directly to your inbox. Renovations rarely, if ever, go smoothly. There are better chances of having a successful singing career after winning The Voice than a renovation running on time or within budget. When people get to the … Read more

British Steel needs a forever subsidy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Globalisation hangs on a simple, alluring idea: make things where doing so is cheapest, then ship them to and fro. But it only works if the second half of that scenario remains viable. If there’s … Read more