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It is time for the EU to get down to business

Marginal gains in the country’s strengths and weaknesses would go a long way

Many nations have been responding to Trump tariffs not by retaliating but by courting other trade partners

US withdrawal will make it ‘much harder’ to curb global warming, says André Corrêa do Lago

The president’s ultimatums and demands on allies and rivals suggest he will use America’s financial might as a cudgel

US president also says he would like to see interest rates fall ‘a lot’

US trade partners warn new measures would harm consumers in all three countries

Leaked policy proposal would give government option to exclude foreign companies from public contracts

ECB president defends continent’s strengths and insists it is ‘not a basket case’

S&P’s results add to gloom about economy as employment levels fall

If the US president takes a more flexible approach, tariffs may end up being used as a bargaining tool rather than end goal

Also in today’s newsletter, OpenAI in talks to split and the Sackler family agrees $7.4bn opioid settlement

Central bank signals more increases to come if wage and price growth hit forecasts

The central bank should be forward-looking and signal its equilibrium level for rates

A conversation with  the chief economist of the European Bank for Reconstruction and Development

City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025

Trump’s slogan is a bet on the energy status quo, not on the future

US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwards

Panamanians fear Washington’s retaliation over Chinese interests in strategic waterway

Also in today’s newsletter, why the first few days of Trump’s presidency have left China cautiously optimistic