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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. Some of Britain’s most secure military sites are restricting access to electric cars over concerns that Chinese technology embedded within the vehicles could be used for spying. Staff at RAF Wyton — an air base in Cambridgeshire that houses intelligence operations — have been told to avoid parking EVs near the base in case sensors on the vehicles can be remotely monitored, according to Ministry of Defence officials. The site…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uncertainty over global trade policies is “off the charts”, the head of the IMF has warned, saying Donald Trump’s tariffs were set to hit global growth, push up prices and potentially play havoc with financial markets. Kristalina Georgieva said on Thursday that the ongoing “reboot of the global trading system” by the US, the fund’s biggest shareholder, would lead to “notable markdowns” in growth estimates. But while the IMF will…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China could replace the US as the world’s dominant energy power as Donald Trump’s trade war rattles American oil producers and Beijing extends its cleantech lead, analysts have warned. The US president announced an aggressive new tariff regime earlier this month that sent oil prices sharply lower, and has also moved to kill the previous Biden administration’s drive to build a domestic cleantech industry to compete with China.…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia chief executive Jensen Huang visited Beijing on Thursday after new curbs from Washington on the US chipmaker’s China sales sent its shares tumbling. According to two people familiar with his travel schedule, Huang met Nvidia clients, including the founder of generative artificial intelligence start-up DeepSeek, to discuss new chip designs for Chinese customers. He then held separate talks with Chinese vice-premier He Lifeng, according to one person familiar with…

Chinese officials and businesses are seeking a rapprochement with the EU amid Donald Trump’s trade war, but the bloc remains deeply sceptical of becoming a dumping ground for goods diverted from the US. Beijing is looking to deepen ties with the world’s largest trading bloc with the hope of finding alternative markets for its goods in the face of steep US tariffs. China has dispatched trade delegations to European capitals in recent weeks and factories are exploring rerouting goods to the continent’s markets. EU leaders have also publicly expressed the…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a faculty member at Yale, former chair of Morgan Stanley Asia, and author of ‘Accidental Conflict: America, China, and the Clash of False Narratives’ Trade wars are political wars. The purpose of Donald Trump’s astonishing 145 per cent tariff on China is not a revival of the US economy of yesteryear but to bring Xi Jinping, his Chinese counterpart, to the table for the bluster of another…

Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. The head of the world’s largest mining company has said the outlook for the global economy depends on China’s ability to invigorate domestic consumption, as US President Donald Trump’s tariffs threaten to disrupt global trade. Mike Henry, chief executive of Australia’s BHP, said the direct tariff impact on the miner had been “limited”, but the potential for slower economic growth and a fragmented trading environment was a bigger issue. “China’s ability…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US House of Representatives China committee has asked Nvidia to explain whether and how Chinese company DeepSeek obtained export-controlled chips to power its artificial intelligence app, which lawmakers say poses a national security threat. John Moolenaar, the Republican chair of the panel, and his Democratic counterpart Raja Krishnamoorthi on Wednesday wrote to Nvidia to obtain information about their sales to China and south-east Asia. The letter came…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has imposed sanctions on a Chinese refinery for buying Iranian crude oil, as Washington increasingly pushes Beijing to rein in oil purchases from the country to increase the pressure on Tehran. The Treasury department targeted Shandong Shengxing Chemical for allegedly buying more than $1bn in Iranian crude oil from sources that included a front company for Iran’s Islamic Revolutionary Guard Corps in violation of US…