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US economy

  • Thursday, 29 May, 2025
    News in-depthTrump tariffs
    How the courts reined in Trump on tariffs

    Judicial rulings have challenged the president’s trade policies, and some think he should respond by softening his plans

    Montage image of Donald Trump holding his reciprocal tariff chart with the US flag, Wall St. signage, the logo of the Court of International Trade and a line chart in the background
  • Thursday, 29 May, 2025
    US-China trade dispute
    Trump orders US chip software suppliers to stop selling to China

    Move by Washington is latest effort to stymie geopolitical rival’s technological advance

    Donald Trump
  • Thursday, 29 May, 2025
    US retail
    Inflation-weary Americans queue for toilet paper and cheap Bordeaux

    Consumers endure long lines and sparse help as warehouse club stores heap pressure on traditional retailers

    Shoppers look over blankets on sale in a Costco warehouse
  • Thursday, 29 May, 2025
    US tax
    Foreign tax provision in Trump budget bill spooks Wall Street

    Legislation would erode the appeal of US financial assets, warn banks and investors

    A police officer walks in front of the Capitol building at dusk
  • Thursday, 29 May, 2025
    US interest rates
    Trump tells Powell Fed is making a ‘mistake’ by not cutting rates

    Central bank chair meets president at White House to discuss economic expectations

    Federal Reserve chair Jay Powell with President Donald Trump in the background
  • Thursday, 29 May, 2025
    Trump tariffs
    EU-US trade talks to go ahead despite court blow to Trump tariffs

    EU trade commissioner Maroš Šefčovič is still expected to meet his US counterparts in Paris next week

    European Commission president Ursula von der Leyen, left, and US President Donald Trump at a World Economic Forum meeting in Davos, Switzerland in January 2020
  • Thursday, 29 May, 2025
    Trump tariffs
    US trade court says Trump’s global tariffs are illegal

    Panel of judges finds president did not have authority to introduce levies using the legislation he cited

    A US flag flutters near shipping containers as a ship is unloaded at the Port of Los Angeles
  • Thursday, 29 May, 2025
    White House Watch
    Court throws Trump’s tariffs into doubt

    Also in today’s newsletter, US says it will ‘aggressively’ revoke Chinese student visas

    US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington
  • Thursday, 29 May, 2025
    US GDP
    US economy shrank at 0.2% rate in first quarter

    Revised GDP figures confirm first contraction since 2022 and show slowdown in consumer spending growth

    A construction worker is working on the wooden frame of a residential building under construction
  • Thursday, 29 May, 2025
    News in-depthTrump tariffs
    What are Trump’s fallback options to rebuild US tariff wall?

    Legal experts say White House has limited alternatives to impose sweeping global duties struck down by trade court

    US President Donald Trump holds a tariffs poster
  • Thursday, 29 May, 2025
    UK trade
    Trump tariff ruling risks slowing down delivery of UK trade deal

    Experts fear more ‘chaos and confusion’ surrounding implementation of pact

    A Jaguar Land Rover factory in Solihull
  • Thursday, 29 May, 2025
    Trump tariffs
    Desperately coining new Mexican-flavoured market acronyms in an attempt to go viral

    Acróstica? We hardly even…

  • Thursday, 29 May, 2025
    Federal Reserve
    Court curtails Trump’s tariff powers Premium content

    US Court of International Trade’s decision will not be final word but raises possibility of more measured trade policy

    Donald Trump holds a chart as he delivers remarks in the White House Rose Garden
  • Thursday, 29 May, 2025
    Q&AFT subscriber event
    Subscriber webinar: what the US-China showdown means for the world

    FT subscribers put their questions to FT experts and guests on May 28 2025

  • Thursday, 29 May, 2025
    UK trade
    UK seeks to speed up rollout of US trade deal

    Business secretary Jonathan Reynolds set to hold talks with US counterpart

    Aerial view of a large parking lot filled with numerous new cars from Jaguar Land Rover in Staffordshire
  • Thursday, 29 May, 2025
    News in-depthTrump tariffs
    China courts Asian and Gulf partners at ‘inflection point’ for global trade

    Beijing’s message at Asean gathering resonates with nations reliant on exports

    China’s Premier Li Qiang delivers his speech during the ASEAN - Gulf Cooperation Council (GCC) - China Economic Forum official dinner after the 46th ASEAN Summit in Kuala Lumpur on May 27 2025
  • Thursday, 29 May, 2025
    Trade SecretsAlan Beattie
    Court tariffs bombshell should inspire trading partners to defy Trump

    The EU must stand up to the US president’s bullying for the sake of the world trading system

  • Wednesday, 28 May, 2025
    Nvidia
    Nvidia quarterly revenue surges nearly 70% despite China curbs

    US chipmaker’s share price rises even as it takes $4.5bn charge linked to restrictions on sales

    Nvidia Corporation headquarter campus in Santa Clara
  • Wednesday, 28 May, 2025
    Federal Reserve
    Fed feared loss of ‘haven’ status would hit US economy

    FOMC minutes showed officials worried about ‘long-lasting’ effect of market turmoil after Donald Trump launched trade war

    The US Federal Reserve building in Washington
  • Wednesday, 28 May, 2025
    Trump tariffs
    Brussels gives ground as Trump holds firm on 10% tariffs

    EU negotiators privately admit Washington’s ‘reciprocal’ levies are unlikely to be overturned in full

    Ursula von der Leyen, left and Donald Trump
  • Wednesday, 28 May, 2025
    Stellantis
    Stellantis names North America head Antonio Filosa as CEO

    Owner of Peugeot and Fiat brands picks internal candidate to succeed Carlos Tavares

    Antonio Filosa
  • Wednesday, 28 May, 2025
    US-China trade dispute
    EU companies more concerned about China slowdown than tariffs

    Survey indicates hurdles for Beijing as it negotiates with US on trade

    A man walks past an under-construction Louis Vuitton store at a shopping mall in Beijing
  • Wednesday, 28 May, 2025
    Elon Musk
    Musk criticises Trump’s ‘big, beautiful’ tax bill

    Billionaire’s comments are strongest rebuke of US president’s agenda yet

    Elon Musk and Donald Trump
  • Wednesday, 28 May, 2025
    The Big Read
    The lessons from China’s dominance in manufacturing

    Beijing’s aggressive investments in domestic production have strained trade relations with western partners. But can the world learn from it?

    Xi Jinping with images of industry in the background
  • Wednesday, 28 May, 2025
    Trump tariffs
    India offers US ‘deep’ tariff cuts but shields grain and dairy markets

    New Delhi hopes to head off Trump’s threat of 26% duties while protecting vast agricultural sector

    An Indian worker unloading a shipment of wheat
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