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Trump says he will impose secondary sanctions on buyers of Iran’s oil
Crude prices rise after US president intensifies pressure on Tehran as nuclear talks falter
Apple says Trump’s tariffs will boost costs by $900mn in June quarter
Chief executive Tim Cook says it is ‘very difficult’ to make predictions for latter half of 2025
FirstFT: South Korea’s acting leader and replacement both resign
Also in today’s newsletter, CIA looks to recruit new Chinese spies, and Bank of Japan slashes growth forecasts
Europe ready to make Trump a €50bn trade offer, says EU negotiator
Maroš Šefčovič tells FT of ‘certain progress’ but warns bloc will not settle for higher US tariff baseline
Post-Brexit UK: stuck between an unreliable US and a mercantilist EU
After five years as State of Britain newsletter writer Peter Foster reflects on the UK’s position in the world
Citi hires Trump’s former trade chief Robert Lighthizer
Wall Street bank appoints protectionist ex-official to advise clients on how to navigate trade war
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A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024