Also in today’s newsletter, US set to ban Chinese tech in submarine cables, and Nvidia chief vows to ‘accelerate recovery’ of China sales
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
Also in today’s newsletter, Trump’s $50bn tariff haul and Deutsche Bank’s €152mn lawsuit
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
Financial markets will be closer in the future to a singe from inflation than a freeze in growth and prices
Cuts to renewable energy subsidies risks country’s credibility and power shortages, state utility warns
GM Korea’s factories principally serve the North American market, raising doubts about their viability
US commerce secretary wants Chinese AI developers to ‘get addicted to the American technology’
No other globally competitive financial services hub imposes such relentless bureaucracy on its businesses
Unexpectedly sharp June rise signals US president’s levies are pushing up consumer prices
Trump’s focus on the goods of the past is ridiculous. What matters is competitiveness in the future
Headline and core data in line with expectations but will not be enough to ease Fed’s fears of tariff-driven price rises
Kevin Warsh and Kevin Hassett are eroding their credibility to court Donald Trump
Also in today’s newsletter, the ‘cat bond’ market and EU budget plan’s eastward shift
Measures would take effect if trade talks falter as Donald Trump threatens 30% levies from next month
But is anyone listening?
