Republicans in the US Congress introduced legislation on Thursday to repeal China’s preferential trade status that it has held for over two decades, garnering a Democratic co-sponsor for the first time. China’s permanent normal trade relations (PNTR) status is a legal designation in the US for free trade with a foreign state, and was conferred … Read more
The motor repair industry is steering straight into a “perfect storm” of challenges in 2025. Rising operational costs, hesitant consumers, and a skilled labour shortage are creating a bumpy road ahead for independent garages and franchise workshops alike. According to the latest Motor Ombudsman survey, these pressures are driving significant uncertainty for repair businesses. Let’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anwar Ibrahim, Malaysia’s prime minister, has played down concerns that Donald Trump will usher in a long period of economic turmoil in Asia by imposing high tariffs, arguing that after an initial shock the global … Read more
Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world’s most dangerous waters. As conflicts rage in the Middle East and Ukraine, shipping goods is becoming increasingly perilous, with the oceans pocked by the highest … Read more
How do political alliances influence trade and welfare in Europe and other major global economies? Karen Jackson and Oleksandr Shepotylo write that the accession of new NATO members will bring economic benefits for Europe, while the US leaving NATO or a deepening of the Shanghai Cooperation Organisation would bring negative trade and welfare effects. Political alliances like … Read more
