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Mexico hits back as Trump’s tariff threat shakes markets

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President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problem

Published: 2024-11-26 14:46:35

Poland backs French bid to kill Mercosur trade deal

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Prime Minister Donald Tusk wants to protect EU’s largest poultry producers

Published: 2024-11-26 14:41:55

Imran Khan supporters pour into capital to challenge Pakistan’s government

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Thousands of demonstrators breach barricades to reach close to Islamabad’s Red Zone before being pushed back

Published: 2024-11-26 14:39:07

How to deal with Trump’s tariff threats

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Canada, Mexico and China have options to avoid a trade war

Published: 2024-11-26 14:32:05

Best books of 2024: from our own stable

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Books by FT journalists and editors

Published: 2024-11-26 14:20:26

ArcelorMittal delays green investments in Europe over policy uncertainty

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Steelmaker blames lack of progress from EU policymakers to support transition to lower-carbon alternatives

Published: 2024-11-26 14:18:38

How Scott Bessent won the Treasury secretary battle

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Plus, what Trump means for Nato and the future of Europe

Published: 2024-11-26 14:00:06

Banco BPM rejects UniCredit takeover bid

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Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects

Published: 2024-11-26 13:41:38

Mexican peso and Canadian dollar fall after Trump’s tariff pledge

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European equities slip while US Treasury yields edge higher

Published: 2024-11-26 13:34:34

Trump says he will hit China, Canada and Mexico with new tariffs

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US president-elect vows to impose levies on first day in retaliation for illegal migration and drug trafficking

Published: 2024-11-26 13:31:17

FISIM (with excitement)

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Red-pilling national economic accounting methodology to avoid backing down

Published: 2024-11-26 13:26:01

Biden proposes huge expansion of US weight-loss drug coverage

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State-backed insurance programmes would fund drugs for obese patients without separate health conditions

Published: 2024-11-26 12:58:54

Israeli far-right minister criticises Hizbollah ceasefire plan

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Comments from Itamar Ben-Gvir and northern mayors come as cabinet prepares to vote on US-brokered deal

Published: 2024-11-26 12:45:13

Judges’ role in assisted dying bill criticised as ‘rubber stamping’

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Former members of judiciary question whether their role would be a proper safeguard

Published: 2024-11-26 12:34:56

Financial markets do not trust the BoE to deliver low inflation

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They expect UK inflation to average around 3%, much higher than the US, Germany or France

Published: 2024-11-26 12:30:06

AI stocks: what if this time it really is different?

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Some investors worry we’re in bubble territory, but others think a new paradigm has arrived

Published: 2024-11-26 12:21:16

Paris mayor Anne Hidalgo will not seek another term in 2026

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Socialist’s decision opens up race for one of France’s top political jobs

Published: 2024-11-26 11:49:31

Sri Lanka launches debt swap deal to end sovereign default

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Agreement with bondholders expected to bring two-year restructuring saga to a close

Published: 2024-11-26 11:43:18

Where Trump could surprise on the upside

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The danger posed by the president-elect lies most obviously at home not abroad

Published: 2024-11-26 11:40:53

UK spending watchdog refuses to sign off government accounts

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National Audit Office criticises ‘material and pervasive’ gaps in public sector audits

Published: 2024-11-26 11:30:06

Japanese prime minister’s portfolio outpaces stock benchmark

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Shigeru Ishiba is struggling as a politician but excelling as an investor, disclosures reveal

Published: 2024-11-26 11:00:06

FirstFT: Trump pledges new tariffs against China, Canada and Mexico

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Also in today’s newsletter, Citi slashes promotions and Telegram’s finances propped up by crypto

Published: 2024-11-26 10:59:06

Business warns of recruitment jitters over UK employment reforms

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More executives expect to reduce staffing than increase it for the first time since 2020, finds Institute of Directors survey

Published: 2024-11-26 10:56:13

Chinese ship linked to cable sabotage urged to move into Swedish waters

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Stockholm steps up probe after two cables were cut in Baltic Sea

Published: 2024-11-26 10:14:14

How Trump should impose tariffs

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Policymakers need to update their approach if they are determined to use trade measures to protect industry

Published: 2024-11-26 10:01:10

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