Global Economy

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datetime="2025-03-16T21:41:54.592Z">Sunday, 16 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="618c3135-4fd7-458e-a9df-36ab24c832ca" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="618c3135-4fd7-458e-a9df-36ab24c832ca"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/firstft" aria-label="Category: FirstFT">FirstFT</a></div><div class="o-teaser__heading"><a href="/content/618c3135-4fd7-458e-a9df-36ab24c832ca" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Xi Jinping declines invitation to visit Brussels for anniversary summit</a></div><p class="o-teaser__standfirst"><a href="/content/618c3135-4fd7-458e-a9df-36ab24c832ca" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, a wave of air strikes in Yemen and why some Japanese companies are restructuring</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-03-16T21:41:54+0000">2 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="618c3135-4fd7-458e-a9df-36ab24c832ca" data-myft-ui="saved" action="/myft/save/618c3135-4fd7-458e-a9df-36ab24c832ca" data-js-action="/__myft/api/core/saved/content/618c3135-4fd7-458e-a9df-36ab24c832ca?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save FirstFT: Xi Jinping 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8b26c682-1d4f-4afc-9446-12431e4a7372.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Xi Jinping, China’s president, left, and Ursula von der Leyen, president of the European Commission, on screen via video conference"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-16T18:15:57.909Z">Sunday, 16 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="88338cc6-58be-4c3f-a2f2-c2e6f01fb671" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="88338cc6-58be-4c3f-a2f2-c2e6f01fb671"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/week-ahead" aria-label="Category: The Week Ahead">The Week Ahead</a></div><div class="o-teaser__heading"><a href="/content/88338cc6-58be-4c3f-a2f2-c2e6f01fb671" data-trackable="heading-link" class="js-teaser-heading-link">Global economy takes centre stage</a></div><p class="o-teaser__standfirst"><a href="/content/88338cc6-58be-4c3f-a2f2-c2e6f01fb671" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics president</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="88338cc6-58be-4c3f-a2f2-c2e6f01fb671" data-myft-ui="saved" action="/myft/save/88338cc6-58be-4c3f-a2f2-c2e6f01fb671" data-js-action="/__myft/api/core/saved/content/88338cc6-58be-4c3f-a2f2-c2e6f01fb671?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token 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class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-economy" aria-label="Category: US economy">US economy</a></div><div class="o-teaser__heading"><a href="/content/44fd22a0-bb30-4f2e-854a-0223d507a6e2" data-trackable="heading-link" class="js-teaser-heading-link">US shoppers cut spending as economic outlook concerns mount</a></div><p class="o-teaser__standfirst"><a href="/content/44fd22a0-bb30-4f2e-854a-0223d507a6e2" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="44fd22a0-bb30-4f2e-854a-0223d507a6e2" data-myft-ui="saved" action="/myft/save/44fd22a0-bb30-4f2e-854a-0223d507a6e2" 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conference"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=top;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-16T05:00:53.988Z">Sunday, 16 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="cdd37d86-7087-42db-953b-5ec886203183" data-stream-item> <div 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<div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="cd2fa2a7-a630-423c-8ed4-96c00ae2e489" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="cd2fa2a7-a630-423c-8ed4-96c00ae2e489"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/france" aria-label="Category: France">France</a></div><div class="o-teaser__heading"><a href="/content/cd2fa2a7-a630-423c-8ed4-96c00ae2e489" data-trackable="heading-link" class="js-teaser-heading-link">France’s jobs market faces ‘tipping point’ as growth falters</a></div><p class="o-teaser__standfirst"><a href="/content/cd2fa2a7-a630-423c-8ed4-96c00ae2e489" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Recent gains could unravel as households’ fear of unemployment soars and economists press for more reforms </a></p><div 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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-16T05:00:53.943Z">Sunday, 16 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5be3c5c5-6a21-48e6-b064-b5127c34261e" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5be3c5c5-6a21-48e6-b064-b5127c34261e"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/e9b9c404-bef4-4825-8a62-eb04e73bab80" aria-label="Category: Deutsche Borse AG">Deutsche Borse AG</a></div><div class="o-teaser__heading"><a href="/content/5be3c5c5-6a21-48e6-b064-b5127c34261e" data-trackable="heading-link" class="js-teaser-heading-link">Europe needs ‘big bang’ to boost investment, says Deutsche Börse chief</a></div><p class="o-teaser__standfirst"><a href="/content/5be3c5c5-6a21-48e6-b064-b5127c34261e" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Stephan Leithner says EU should take advantage of investors switching into region’s markets away from US </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5be3c5c5-6a21-48e6-b064-b5127c34261e" data-myft-ui="saved" action="/myft/save/5be3c5c5-6a21-48e6-b064-b5127c34261e" data-js-action="/__myft/api/core/saved/content/5be3c5c5-6a21-48e6-b064-b5127c34261e?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Europe needs ‘big bang’ to boost investment, says Deutsche Börse chief to myFT for later" aria-label="Save Europe needs ‘big bang’ 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Exchange"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-15T05:00:28.815Z">Saturday, 15 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="806bd0f4-3c6c-49e8-afe3-389c0a1dc394" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="806bd0f4-3c6c-49e8-afe3-389c0a1dc394"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/personal-finance" aria-label="Category: Personal Finance">Personal Finance</a></div><div class="o-teaser__heading"><a href="/content/806bd0f4-3c6c-49e8-afe3-389c0a1dc394" data-trackable="heading-link" class="js-teaser-heading-link">From Covid to today: five years that changed our money 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F64c4f701-edd1-4bfe-9fdd-cac15dd8f70a.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Illustration of a magnifying glass over a line chart with viruses around it"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-teaser o-teaser--native-ad o-teaser--small o-teaser--stream-card" data-o-ads-name="PartnerContent--horizontal" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T23:08:05.705Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="214ff57c-ed99-4faa-8c66-b6c7365c8a70" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="214ff57c-ed99-4faa-8c66-b6c7365c8a70"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-politics-policy" aria-label="Category: US politics & policy">US politics & policy</a></div><div class="o-teaser__heading"><a href="/content/214ff57c-ed99-4faa-8c66-b6c7365c8a70" data-trackable="heading-link" class="js-teaser-heading-link">US imposes restrictions on Thai officials for deporting Uyghurs to China</a></div><p class="o-teaser__standfirst"><a href="/content/214ff57c-ed99-4faa-8c66-b6c7365c8a70" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Trump administration makes first move to call out 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on the floor of the New York Stock Exchange"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T18:42:07.079Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1a149997-c81f-4119-9e6e-0f61323b6b90" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1a149997-c81f-4119-9e6e-0f61323b6b90"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/the-big-read" aria-label="Category: The Big Read">The Big Read</a></div><div class="o-teaser__heading"><a href="/content/1a149997-c81f-4119-9e6e-0f61323b6b90" data-trackable="heading-link" class="js-teaser-heading-link">How the US economy lost its aura of invincibility</a></div><p class="o-teaser__standfirst"><a href="/content/1a149997-c81f-4119-9e6e-0f61323b6b90" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has faded</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" 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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T18:00:27.331Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6ae8d102-7864-4829-8c1c-61fa56f4e70f" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="6ae8d102-7864-4829-8c1c-61fa56f4e70f"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">The Long View</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/katie-martin" aria-label="Category: Katie Martin">Katie Martin</a></div><div class="o-teaser__heading"><a href="/content/6ae8d102-7864-4829-8c1c-61fa56f4e70f" data-trackable="heading-link" class="js-teaser-heading-link">Why it might get worse for US stocks</a></div><p class="o-teaser__standfirst"><a href="/content/6ae8d102-7864-4829-8c1c-61fa56f4e70f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Uncertainty over Trump policy will soon hit the economy with few short-term catalysts for a turnaround</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6ae8d102-7864-4829-8c1c-61fa56f4e70f" data-myft-ui="saved" action="/myft/save/6ae8d102-7864-4829-8c1c-61fa56f4e70f" data-js-action="/__myft/api/core/saved/content/6ae8d102-7864-4829-8c1c-61fa56f4e70f?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Why it might get worse for US stocks to myFT for later" aria-label="Save Why it might get worse for US stocks to myFT for later" 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class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T16:53:16.102Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0217e79e-e9e3-4ec7-b24a-8d7ae7d26877" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0217e79e-e9e3-4ec7-b24a-8d7ae7d26877"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-economy" aria-label="Category: US economy">US economy</a></div><div class="o-teaser__heading"><a href="/content/0217e79e-e9e3-4ec7-b24a-8d7ae7d26877" data-trackable="heading-link" class="js-teaser-heading-link">US consumers’ long-term inflation expectations hit 32-year high</a></div><p class="o-teaser__standfirst"><a href="/content/0217e79e-e9e3-4ec7-b24a-8d7ae7d26877" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest rates</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="0217e79e-e9e3-4ec7-b24a-8d7ae7d26877" data-myft-ui="saved" action="/myft/save/0217e79e-e9e3-4ec7-b24a-8d7ae7d26877" data-js-action="/__myft/api/core/saved/content/0217e79e-e9e3-4ec7-b24a-8d7ae7d26877?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save US consumers’ long-term inflation expectations hit 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa0e95978-3718-4ab3-b09c-1e0afd7a4c49.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A woman looks at eggs for sale in a Giant grocery store in McLean, Virginia"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T16:01:23.559Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="4a09e73d-069f-42c1-bc4c-1d8537c0f00c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="4a09e73d-069f-42c1-bc4c-1d8537c0f00c"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">The FT View</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ft-view" aria-label="Category: The editorial board">The editorial board</a></div><div class="o-teaser__heading"><a href="/content/4a09e73d-069f-42c1-bc4c-1d8537c0f00c" data-trackable="heading-link" class="js-teaser-heading-link">Trump’s incoherent economic agenda</a></div><p class="o-teaser__standfirst"><a href="/content/4a09e73d-069f-42c1-bc4c-1d8537c0f00c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The White House’s mishmash of radical policies is sapping confidence in America </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="4a09e73d-069f-42c1-bc4c-1d8537c0f00c" data-myft-ui="saved" action="/myft/save/4a09e73d-069f-42c1-bc4c-1d8537c0f00c" data-js-action="/__myft/api/core/saved/content/4a09e73d-069f-42c1-bc4c-1d8537c0f00c?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> 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style="padding-bottom:56.2667%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa13cdc26-33ae-4105-8936-52167ee67543.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="US Secretary of Treasury Scott Bessent and US President Donald Trump"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T14:09:08.129Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/northern-ireland" aria-label="Category: Northern Ireland">Northern Ireland</a></div><div class="o-teaser__heading"><a href="/content/7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-trackable="heading-link" class="js-teaser-heading-link">Northern Ireland risks becoming ‘collateral damage’ in transatlantic trade war</a></div><p class="o-teaser__standfirst"><a href="/content/7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Post-Brexit deal means EU tariffs would apply, putting the region at a disadvantage if UK wins US tariff exemption</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-myft-ui="saved" action="/myft/save/7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-js-action="/__myft/api/core/saved/content/7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d?method=put" 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class="o-teaser__image-container js-teaser-image-container"><a href="/content/7d5dcaea-371c-412d-a8e9-b8dc7cb1ac7d" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2365%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb12fea03-ce60-4e02-895e-763c375e2b62.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Large cranes are moving shipping containers as trucks drive past"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid1;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T11:12:43.305Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d5a1f57d-a0ac-454f-a5c3-c181c0850868" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d5a1f57d-a0ac-454f-a5c3-c181c0850868"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/firstft" aria-label="Category: FirstFT">FirstFT</a></div><div class="o-teaser__heading"><a href="/content/d5a1f57d-a0ac-454f-a5c3-c181c0850868" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war </a></div><p class="o-teaser__standfirst"><a href="/content/d5a1f57d-a0ac-454f-a5c3-c181c0850868" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports deal</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d5a1f57d-a0ac-454f-a5c3-c181c0850868" data-myft-ui="saved" action="/myft/save/d5a1f57d-a0ac-454f-a5c3-c181c0850868" data-js-action="/__myft/api/core/saved/content/d5a1f57d-a0ac-454f-a5c3-c181c0850868?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8f35ef5a-df28-4480-9717-8475e21745fe.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A Tesla logo is seen outside a showroom in Beijing, China"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T11:08:14.855Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="862dff9b-4e73-4835-979c-a3f124304111" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="862dff9b-4e73-4835-979c-a3f124304111"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/gold" aria-label="Category: Gold">Gold</a></div><div class="o-teaser__heading"><a href="/content/862dff9b-4e73-4835-979c-a3f124304111" data-trackable="heading-link" class="js-teaser-heading-link">Gold hits $3,000 for first time on global growth fears</a></div><p class="o-teaser__standfirst"><a href="/content/862dff9b-4e73-4835-979c-a3f124304111" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade wars</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="862dff9b-4e73-4835-979c-a3f124304111" data-myft-ui="saved" action="/myft/save/862dff9b-4e73-4835-979c-a3f124304111" data-js-action="/__myft/api/core/saved/content/862dff9b-4e73-4835-979c-a3f124304111?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" 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style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F441284ab-015b-48fe-a460-de72d5752ab9.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A worker melts gold bars in a furnace at the ABC Refinery in Sydney"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T10:54:14.936Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="984f8158-8f3b-4431-9fb2-33366c9d1b54" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="984f8158-8f3b-4431-9fb2-33366c9d1b54"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/uk-gdp" aria-label="Category: UK GDP">UK GDP</a></div><div class="o-teaser__heading"><a href="/content/984f8158-8f3b-4431-9fb2-33366c9d1b54" data-trackable="heading-link" class="js-teaser-heading-link">UK economy unexpectedly contracted 0.1% in January</a></div><p class="o-teaser__standfirst"><a href="/content/984f8158-8f3b-4431-9fb2-33366c9d1b54" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring Statement</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="984f8158-8f3b-4431-9fb2-33366c9d1b54" data-myft-ui="saved" action="/myft/save/984f8158-8f3b-4431-9fb2-33366c9d1b54" data-js-action="/__myft/api/core/saved/content/984f8158-8f3b-4431-9fb2-33366c9d1b54?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" 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aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe2558135-324f-4f64-b6d9-d25f92deed86.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="UK GDP growth chart"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T10:26:21.130Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="cc290f55-e45a-42b1-bf2d-cf323053fade" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="cc290f55-e45a-42b1-bf2d-cf323053fade"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/technology-sector" aria-label="Category: Technology sector">Technology sector</a></div><div class="o-teaser__heading"><a href="/content/cc290f55-e45a-42b1-bf2d-cf323053fade" data-trackable="heading-link" class="js-teaser-heading-link">Trump tariffs are proving ‘big headache’ for tech giants, says Foxconn</a></div><p class="o-teaser__standfirst"><a href="/content/cc290f55-e45a-42b1-bf2d-cf323053fade" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">World’s biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and Amazon</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="cc290f55-e45a-42b1-bf2d-cf323053fade" data-myft-ui="saved" action="/myft/save/cc290f55-e45a-42b1-bf2d-cf323053fade" 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March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8b733479-d7a5-4c88-97a1-60c3f3846e7c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8b733479-d7a5-4c88-97a1-60c3f3846e7c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/4cc4bef5-5232-4c9c-8cb7-ae80fdd8d6ee" aria-label="Category: BMW">BMW</a></div><div class="o-teaser__heading"><a href="/content/8b733479-d7a5-4c88-97a1-60c3f3846e7c" data-trackable="heading-link" class="js-teaser-heading-link">BMW warns of €1bn profit hit from global tariff war</a></div><p class="o-teaser__standfirst"><a href="/content/8b733479-d7a5-4c88-97a1-60c3f3846e7c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Carmaker’s earnings down a third last year on weak demand from China and global recall</a></p><div 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data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="8b733479-d7a5-4c88-97a1-60c3f3846e7c" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/8b733479-d7a5-4c88-97a1-60c3f3846e7c" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc199adb7-7437-4530-a93b-bff3bbfed8c5.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Workers assemble BMW i3 electric vehicles at a factory in Leipzig, Germany"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T05:30:59.586Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7fb0716b-840b-4f3e-abff-ce54590cf9db" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7fb0716b-840b-4f3e-abff-ce54590cf9db"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/firstft" aria-label="Category: FirstFT">FirstFT</a></div><div class="o-teaser__heading"><a href="/content/7fb0716b-840b-4f3e-abff-ce54590cf9db" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Vladimir Putin pushes maximalist demands in Ukraine talks</a></div><p class="o-teaser__standfirst"><a href="/content/7fb0716b-840b-4f3e-abff-ce54590cf9db" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, Tesla warns of exposure to retaliatory tariffs and DeepSeek focuses on research</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7fb0716b-840b-4f3e-abff-ce54590cf9db" data-myft-ui="saved" action="/myft/save/7fb0716b-840b-4f3e-abff-ce54590cf9db" data-js-action="/__myft/api/core/saved/content/7fb0716b-840b-4f3e-abff-ce54590cf9db?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save FirstFT: Vladimir Putin pushes maximalist demands in Ukraine talks to myFT for later" aria-label="Save FirstFT: Vladimir Putin pushes maximalist demands in Ukraine talks to myFT for later" 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blue"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T05:00:15.767Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="b1bf0858-d7d5-489d-8d61-02997d2f4aec" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="b1bf0858-d7d5-489d-8d61-02997d2f4aec"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/gillian-tett" aria-label="Category: Gillian Tett">Gillian Tett</a></div><div class="o-teaser__heading"><a href="/content/b1bf0858-d7d5-489d-8d61-02997d2f4aec" data-trackable="heading-link" class="js-teaser-heading-link">Tariffs on goods may be a prelude to tariffs on money</a></div><p class="o-teaser__standfirst"><a href="/content/b1bf0858-d7d5-489d-8d61-02997d2f4aec" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Capital inflows could be the Trump administration’s next target</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b1bf0858-d7d5-489d-8d61-02997d2f4aec" data-myft-ui="saved" action="/myft/save/b1bf0858-d7d5-489d-8d61-02997d2f4aec" data-js-action="/__myft/api/core/saved/content/b1bf0858-d7d5-489d-8d61-02997d2f4aec?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Tariffs on goods may be a prelude to 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Chalikopoulou illustration of the US map as a price tag"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-14T05:00:15.734Z">Friday, 14 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="55b57937-47fa-42bf-9be1-ba9f5e847689" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="55b57937-47fa-42bf-9be1-ba9f5e847689"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Explainer</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-dollar" aria-label="Category: US dollar">US dollar</a></div><div class="o-teaser__heading"><a href="/content/55b57937-47fa-42bf-9be1-ba9f5e847689" data-trackable="heading-link" class="js-teaser-heading-link">Investors get the jitters over Trump’s approach to dollar</a></div><p class="o-teaser__standfirst"><a href="/content/55b57937-47fa-42bf-9be1-ba9f5e847689" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">President expressed frustration about greenback’s strength before taking office, but its decline is not by design</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="55b57937-47fa-42bf-9be1-ba9f5e847689" data-myft-ui="saved" action="/myft/save/55b57937-47fa-42bf-9be1-ba9f5e847689" data-js-action="/__myft/api/core/saved/content/55b57937-47fa-42bf-9be1-ba9f5e847689?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button 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