Also in today’s newsletter, China’s Belt and Road Initiative expands, and Trump set to open US retirement market to crypto investments
The president has a number of options to take action against Jay Powell, but they all come with risks
Politicians are promising voters tax cuts and handouts just as bond yields are pushing higher
Move attempts to break impasse in talks by ditching complex mechanism proposed by German industry
The president’s leadership style strikes a chord with many but his tariffs offer Beijing more openings
Hosts say US still committed to grouping after Treasury secretary skips gathering of finance chiefs in Durban
Framing Beijing as a mortal enemy will hamper US growth and reduce Washington’s global influence
Also in today’s newsletter, US president reaps $50bn tariff haul as world ‘chickens out’
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
Companies faced higher taxes and uncertainty from US trade war
Also in today’s newsletter, Senate passes public spending cuts bill and justice department fires Maurene Comey
Shares rally as much as 10% as investors are cheered by impact of turnaround plan
Know your facts before conventional wisdom gets you
Brussels is also considering export controls if trade talks with Washington fail
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
The EU is using the old trade playbook against a new and different threat
EU was expected to finalise its investigation before the bloc’s summer recess but will now miss this deadline
Wall Street lenders beat expectations for fees
Policymakers in Beijing are deadlocked while some analysts believe rates are, in effect, at zero already
Rapidly expanding presence in countries signed up to Xi Jinping’s global initiative contrasts with US approach
New rule aims to end vulnerability in communications infrastructure after attack on American telecoms
A podcast cross-promotion post
June figure marks setback for central bank as it considers interest rate cuts
More than a quarter of large American businesses are considering relocating, survey finds
Those in the political sphere should not be ridiculed for asking important questions — even if they do lack technical expertise
