US rare earth champion faces trade war test after tariffs halt China sales
MP Materials has been sending concentrates to Chinese partner as it races to expand in US
Read More
Reeves working ‘flat out’ to get US trade deal
The chancellor is set to meet her US counterpart to make the case for a bilateral trade deal.
Emerging markets’ unexpected outperformance after “liberation day”
It may not last forever
Trump has turned his back on the foundation of US economic might – the fallout will be messy
What made the US step back from the system that it profited handsomely from for decades?
Spain unveils €10bn plan to reach long-delayed Nato defence spending target
Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence
Spain has announced a €10.5bn investment plan to ensure it will reach its long-delayed Nato commitment of spending 2% of its GDP on defence this year, saying it has become obvious “only Europe will know how to protect Europe” from now on.
The country – which lags well behind other western nations by dedicating about 1.3% of its GDP to defence spending – is one of the Nato members that has been pressured by the Trump administration to increase its spending, and had previously committed to hitting the 2% threshold by 2029.
Masters of the Universe survey Trump’s train wreck
Plus, what the market fallout means for all corners of Wall Street — for private equity, private credit and dealmaking