2025-05-10
Financial Times Front Page 10th of May 2025
Trump signals he may reduce tariffs on Chinese goods, with talks set to address lingering trade tensions.
Trump signals he may reduce tariffs on Chinese goods, with talks set to address lingering trade tensions.
Starmer has secured the UK’s first trade deal with the US since a contentious period, agreeing concessions on car and steel exports while retaining a flat 10% tariff on most goods.
Pakistan has vowed to retaliate following India’s air strikes that reportedly caused dozens of casualties, prompting key international powers to call for restraint amid rising tensions.
A nearly concluded trade deal with the US could potentially lower levies on steel and cars, while negotiations on pharmaceutical regulations continue without concessions on food, prompting optimism that an agreement might be reached this week.
In a forceful critique of America’s stance on academic institutions, Europe’s leadership highlights the importance of safeguarding free inquiry, pledging funding initiatives to attract international expertise and uphold democratic values.
Chinese exporters are rerouting goods through third parties to bypass US tariffs, causing a rise in ‘origin-washing’ and prompting neighbouring nations to report notable inflows while regulators keep a close watch on potential legal and reputational risks.
A populist surge led by Farage inflicted heavy defeats on the Tories and Labour in local elections, spurring concerns of an existential challenge for the Conservatives and prompting Starmer to pledge strong countermeasures.
Trump replaced his national security adviser following intense internal pressure from political allies, prompting speculation about new leadership and signalling a shift in policy priorities at the highest levels of his administration.
New economic policies from the US administration are benefiting certain financial institutions while dampening consumer confidence, prompting wider debate about potential long-term impacts on global markets.
Mark Carney, following a decisive vote in his favour, outlined plans to boost the nation’s growth, expand global partnerships, and rekindle a collective sense of unity.