With the anniversary of the first lockdown approaching, inflation and market volatility are now facts of financial life
Trump administration makes first move to call out human rights abuses by Beijing
Wall Street ending bruising week on front foot, but worries about economic impact of tariffs linger
Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has faded
Uncertainty over Trump policy will soon hit the economy with few short-term catalysts for a turnaround
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest rates
The White House’s mishmash of radical policies is sapping confidence in America
Post-Brexit deal means EU tariffs would apply, putting the region at a disadvantage if UK wins US tariff exemption
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports deal
Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade wars
Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring Statement
World’s biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and Amazon
Carmaker’s earnings down a third last year on weak demand from China and global recall
Also in today’s newsletter, Tesla warns of exposure to retaliatory tariffs and DeepSeek focuses on research
Capital inflows could be the Trump administration’s next target
President expressed frustration about greenback’s strength before taking office, but its decline is not by design
US president’s ultimatum has pushed New Delhi towards a broader realignment on trade
Marc Filippino talks to Alec Russell and John Reed
Increasing uncertainty clouds the region’s future as it tries to decipher Trump’s line on Beijing
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefire
As Trump flip-flops, the Unhedged team visits the IE Business School in Madrid
Elon Musk’s electric-car maker says levies could make it costlier to produce vehicles in the US
US president demands bloc scraps proposed duty on US whiskey
The EU has to act decisively if it is to adapt to a radically altered geopolitical landscape
Senator Steve Daines offers to act as intermediary in effort to secure meeting with President Xi Jinping
