The frightening world without the dollar
What will the global economy look like if it loses its monetary anchor?
Economic News
Coffee prices climb after Trump threatens 50% tariffs on Brazil
Levies on world’s top arabica producer rattles investors in sector
Seoul’s property boom and US tariffs put Korean central bank in a bind
Policymakers fear cutting borrowing costs to boost economic growth could drive capital’s real estate prices higher
FirstFT: Trump threatens to impose 50% tariff on Brazil
Also in today’s newsletter, Moët Hennessy’s sexual harassment case and US Federal Reserve independence
Veteran mining boss Friedland hails Trump’s ‘intelligent’ copper tariffs
Ivanhoe Mines founder welcomes 50% import levy and says domestic production is ‘fundamental’ to US security
Carmakers and shipowners say Donald Trump’s port fees will hurt US consumers
Companies including Ford warn that steep levies for car carriers will prove counter-productive
Can the Fed stay independent under Trump?
The US president has stepped up his criticism of the central bank’s chair, prompting some to question how long it can remain above politics
The UK should press ahead with the inevitable on tax
Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth
Trump’s tariff shambles is a helpful warning to the world
No sensible government would think of emulating his trade policies as they have his other plans
Indonesia says EU deforestation law is still unworkable
Jakarta’s push for further postponement comes as EU countries call for ‘onerous’ rules to be simplified