Executives use earnings calls to lay out impact of Trump’s tariffs on costs and supply chains
President’s latest retreat follows intense lobbying by industry executives
Other activist investors now take a less confrontational approach. John Pike is in a full-blown proxy fight
US president says Kyiv’s position is ‘very harmful to the peace negotiations with Russia’
The top 25 owners will be invited to a reception and VIP tour of the White House
Treasury secretary denies reports Washington will make unilateral cuts to tariffs
Billionaire’s foray into government coincided with increased competition from Chinese rivals
Industry warns that trade disruption will raise prices for hospitals
Reputational damage to the Fed and US assets will not be easily reversed
Ballard Partners booms as companies and organisations jostle to influence the transactional president
An America First foreign policy is impossible without it
US president signals frustration with Kremlin even as his administration makes overtures towards Russia
Meetings with Chinese vice-premier and DeepSeek founder come after US clamps down on chipmaker’s sales to China
The country’s windfall from overseas drug companies was aided by the US president’s own tax bill
Also in today’s newsletter, Treasury secretary urges caution on US-China trade deal progress
Big investors warn of risks to world’s largest and most liquid bond market from US president’s attacks on central bank
Unlike large investment banks, boutiques are fully exposed to the dealmaking lull
Beijing says claims it is nearing a deal with Washington to resolve the trade war are ‘fake news’
Production of crucial components of renewable energy sources is falling behind projected demand
Secretary of state suggests Tehran must import enriched uranium and halt domestic production
The arguments are believed more widely than the Maga camp, but that does not make them any more right
Where propaganda simplifies, artists invite us into the liminal space between what is and what ought to be
Beijing’s response to Donald Trump’s tariffs intensifies battle to control supply of commodities vital to high-tech sectors
America cannot offer enough aid, green technology or new market access to mould the world trading system
US offer to recognise annexation of territory alarms Kyiv and other European capitals
Labour should think about seizing opportunities from the mess such as attracting US academics and wealthy people
New CEO Justin Hotard was speaking as Finnish company announced sharp fall in first-quarter profits
FTSE 100 companies race to catch American rivals’ bigger remuneration plans
The private tech race is at odds with public appetite for extravagant suborbital trips
Plus, Jane Street’s $20bn year and pension funds partner with private equity
The renowned economist issues a timely warning that the threat to America’s currency comes from within, in the shape of a growing debt mountain
Owners say American customers have cancelled or suspended orders
The theory is that hegemonies run in cycles, but Trump and a trade war may disrupt the pattern
Forced delisting of Chinese companies would be bruising experience for US investors
Demand for US assets cannot keep up with supply without a weaker currency
Our case is about whether America is ruled by laws or political whims
