World

US ally and biggest foreign investor stunned by sweeping levies including on crucial automotive sector

Poor training and lack of investment are main challenges to successful deployment, says think-tank

Move comes hours before visit by Pete Hegseth as US raises pressure over Chinese influence on waterway

New plants will take years to build and executives are wary of committing while trade policy is unclear

Sale of US healthcare software company grants two-fold return on investment

Weak demand at auction of three-year government debt heightens investors’ angst

Forced to choose between the US and China, the likes of Vietnam may opt for Beijing

Plus, Wall Street traders poised to bail out bankers in Q1 results, and London gets a new toll crossing

Executive warns situation could become ‘quite ugly’ in a few weeks as carmakers park vehicles amid levy uncertainty

Former hedge fund’s role marks shift away from tariff hardliners in Trump’s White House

Military admits initial account of incident was inaccurate after Palestine Red Crescent releases footage of ‘massacre’

A new generation is finding brilliant and creative ways to object to the arrest of mayor Ekrem İmamoğlu

Businesses with supply chains vulnerable to sweeping duties had been hoping to negotiate concessions from Washington

Eggflation was stalled by Turkey (the country, not the bird)

The 1.52bn hours a year Britons spend on personal admin are both enraging and hitting our productivity

Commission president warns global economy will ‘massively suffer’ from US trade barrage

Cal-Maine Foods reported a 247% increase in net income totalling $508.5mn for the December-February period

Critics warn auction house is pressuring struggling authorities into selling public assets

Libertarian president’s policies start to bear fruit although the poorest still struggle

US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme Court

Opposition leader vows to overturn rule barring $1.8tn fund from holding stakes in defence sector if her party wins election

Also in today’s newsletter, Singapore warns over end of free trade era, and Musk slams Trump’s trade tsar

The vice-president thinks nothing of lecturing America’s friends and allies

Trump’s threats of annexation and tariffs hit the country’s largest international tourist market

US private equity group bests rival bid from PAI Partners for Stockholm-based healthcare company

Even if Trump backs down he will have succeeded in building uncertainty, which is itself a sort of tariff

Government wants to close superfluous agencies and bring responsibility for decisions back in-house

Investigation comes amid tense negotiations with Trump administration

A vibe shift, heralded by a sea of red

US consumers are likely to be the biggest victims with cost increases set to be passed on to customers

Prime minister’s mounting legal troubles bring him into increasing conflict with legal and investigatory bodies

US law enforcement will no longer target crypto exchanges or other entities ‘for the acts of their end users’

The 81-year-old entrepreneur still goes into work every day

Treasuries also slide after weak auction for three-year US government debt

Journalists really need bulletproof BS meters right now

Given its record, the risk is that the US central bank will do just that

Market Questions is the FT’s guide to the week ahead

Rate increase comes at a time when borrowers are already having to tighten their belts

Head of body that hosts elite business conference says event must recover ‘sense of mission’

Firms like Paul Weiss have hired star lawyers to expand in dealmaking. Fear of losing business has made them less willing to have a fight with the government