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US President Donald Trump has said his administration is working on a trade deal with the UK, while suggesting that Britain could escape tariffs if such an agreement were struck. During a press conference in the Oval Office on Thursday, Trump said that the US vice-president JD Vance and US Treasury secretary Scott Bessent were
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Once Samkelo accepted the terrifying truth, he stopped doomscrolling on Facebook, lay on his bed and considered his options. The first thing he did was bring out the bottles and sachets of pills that were in his bedside drawer. He counted them out: 62 pink ones, 62 yellow ones and 62 white ones. Enough antiretrovirals
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Despite the air of gloom hanging over China’s property market, work is well under way at a construction site in the north-west of Beijing. Yellow and green cranes nestle among the scaffolding, while lines of crushed limestone trail across the upturned earth. Backed by private developer Longfor, projects like this have helped power the world’s
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Donald Trump signalled the US is prepared to forge an “economic” deal with Russia, saying Washington had recently held “very good talks” with Moscow over ending the war in Ukraine. The US president’s comments, made to reporters while sitting alongside his French counterpart Emmanuel Macron in the Oval Office, came shortly after Washington voted against a
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Sir Keir Starmer has said Volodymyr Zelenskyy is a “democratically elected leader” and that it is “perfectly reasonable” to suspend elections during wartime, after Donald Trump called the Ukrainian president a “dictator”.  The
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Generative AI is a transformative technology that has the potential to redefine the nature of work. Understanding its role in the workplace, and what makes it different from past automation, requires a shift from what
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For President Donald Trump, tariffs are a way of protecting American industries and safeguarding national security. For Tracy Skupien, they are a calamity that has pitched her company into crisis. Skupien is director of operations at Tompkins Products, a small family business in Detroit which takes imported cold drawn aluminium bar and turns it into
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Vladimir Putin’s initial plan to capture Ukraine in a few days ended in disaster. But after Donald Trump set up direct peace talks with Moscow, bypassing Kyiv and European allies, the Russian president is now closer than ever to getting what he wanted from his three-year-long invasion. Putin’s main ambition, said people who have spoken
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has said it remains committed to a ceasefire deal with Israel in Gaza and will continue freeing Israeli hostages from the enclave as set out in the agreement. The announcement appeared to reverse a
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Holding bitcoin is cool again. President Donald Trump has vowed to make America the “crypto capital of the planet”, words that have helped supercharge the token’s price to eye-watering six-figure highs. Wall Street banks and money managers are preparing to jump in. Investors hope Trump will turn the often-derided token into a mainstream financial asset
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump announced Nippon Steel had abandoned its plan to buy US Steel but would “invest heavily” in the iconic Pittsburgh producer. At a joint press conference with Japanese Prime Minister Shigeru Ishiba
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Donald Trump’s new cryptocurrency has sparked a flood of imitators, leading to warnings that investors risk being duped. More than 700 copycat and spam coins have been sent to Trump’s digital wallet by people apparently seeking to suggest their creations have his endorsement, according to a Financial Times analysis. It comes after the president and
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Financial markets have been roiled by US President Donald Trump’s announcement of tariffs on key trading partners, and investors are bracing for further volatility ahead. Here’s how they are trading Trump’s on-again, off-again trade war. Equities: ‘impossible to avoid risk’ Wall Street has been working since before November’s presidential election on how it should position
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