Chipmaking supplier ASML says Trump tariff impact ‘less negative’ than expected
European technology company books strong quarterly sales but warns uncertainty could hamper growth next year
Economic News
UK inflation unexpectedly rose to 3.6% in June
Figure marks setback for BoE as it seeks evidence price pressures are cooling
Investors rage over Vietnam’s alleged breach of power contracts
Cuts to renewable energy subsidies risks country’s credibility and power shortages, state utility warns
GM’s Korea plants leave Detroit carmaker fully exposed to US tariffs
GM Korea’s factories principally serve the North American market, raising doubts about their viability
Brussels moves to placate Paris over South American trade deal
EU proposes protections for agriculture as it aims to finalise agreement with Mercosur bloc in December
‘Fire’ is now the greater threat to investors than ‘ice’
Financial markets will be closer in the future to a singe from inflation than a freeze in growth and prices
Trump reaps $50bn tariff haul as world ‘chickens out’
Only China and Canada have retaliated against US president’s tariff war
FirstFT: Donald Trump announces US-Indonesia trade deal
Also in today’s newsletter, China’s GDP grows 5.2%, and Trump asked Zelenskyy if Ukraine could hit Moscow
The History of America’s Entrepreneurial Work Ethic
Daniel Bessner, Derek Davison On this episode of American Prestige, Erik Baker on the deep-seated roots of US hustle culture. The post The History of America’s Entrepreneurial Work Ethic appeared first on The Nation.