The president has a number of options to take action against Jay Powell, but they all come with risks
Move attempts to break impasse in talks by ditching complex mechanism proposed by German industry
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
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
And bank results show the USA is OK
The EU is using the old trade playbook against a new and different threat
Policymakers in Beijing are deadlocked while some analysts believe rates are, in effect, at zero already
New rule aims to end vulnerability in communications infrastructure after attack on American telecoms
Silicon Valley players cheer Jamieson Greer as they hope to benefit from a boost to military spending
A podcast cross-promotion post
US president later said such a move would be ‘highly unlikely’, prompting swings in currency markets
More than a quarter of large American businesses are considering relocating, survey finds
Deportation nation
Jakarta to be hit with 19% tariff on exports to US after talks with Washington
Inflationary pressures are beginning to wane. See how actions taken by your central bank affect you
European technology company books strong quarterly sales but warns uncertainty could hamper growth next year
And bad Treasury returns
Only China and Canada have retaliated against US president’s tariff war
EU proposes protections for agriculture as it aims to finalise agreement with Mercosur bloc in December