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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaWe’ll always have DubaiThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyTrump’s war on Iran is spreading. Where does it stop?US draws up strict new AI guidelines amid Anthropic clashRussia is helping Iran to target US military assets in Middle EastCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashThe last of Hong Kong’s colonial-era trainee schemesTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?Investors are not ready for a true shockBritain is now the home of the Middle ManUS faced with few good options to tamp down surging oil pricesOil hits highest level since 2023 as Iran war triggers historic surgeClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersWe’ll always have DubaiThe war of unintended consequencesIs the nightmare scenario for global energy here?Investors are not ready for a true shockBritain is now the home of the Middle ManLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsWomen in the public eye keep watch as online attacks intensifyLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InTrump tariffsUS companies denied refunds on Trump’s illegal tariffsCustoms officials are rejecting attempts to reclaim duties that were struck down by the Supreme CourtTrump tariffsUS states sue Trump administration over new tariffsDemocratic attorneys-general say president exceeded authority after Supreme Court struck down original leviesSemiconductorsNvidia stops production of chips intended for ChinaUS group moves production away from H200s to latest Vera Rubin productsSmith & Nephew PLCInterview. Smith & Nephew ‘well equipped’ to ride out tariff uncertainty, chief saysDeepak Nath confident medical device maker can weather drop in revenues from China and war in Middle EastTrump tariffsScott Bessent says 15% global tariff ‘likely’ to be imposed this weekUS Treasury secretary says duty is set to increase from 10% rate introduced after last month’s Supreme Court defeatChris Giles on Central BanksWho is paying for Trump’s tariffs?The answer depends on how you ask the question; plus markets do not think the Bank of Japan is more dovishOil & Gas industryUS LNG producers rush to seize on surging gas prices triggered by Iran conflictVenture Global and Cheniere Energy look to bring on extra capacity as prices surge in Europe and AsiaTrade SecretsTrump ponders Plans B to D after his favourite tariffs are taken awayThe replacement duties for those ruled illegal by the Supreme Court may be less vulnerable to legal challengeWhite House WatchMore than 900 companies sue US over Trump’s tariff regimeAlso in today’s newsletter, the US president offers first glimpses of how Washington would justify an attack on IranTrump tariffsIt’s payback time for Trump’s tariff fiascoThe administration handing out refunds to Chinese companies will be a terrible lookAlan BeattieUS politics & policySupreme Court ruling on tariffs unleashes more than 900 legal challengesClaims for refunds soar after judges rule against Trump administrationAutomobilesThe Big Read. Do America’s carmakers have a plan for survival?Profits are set to recover this year, but a focus on large, high-margin vehicles could create a gap for Chinese rivals to exploitFirst Solar IncFirst Solar shares slide as tariff and demand woes biteManufacturing also hit by longstanding import taxes on critical components such as aluminiumUK tradeUS-UK tech talks restart with focus on nuclear projectsDeal to collaborate on atomic energy, AI and quantum computing was paused as part of wider trade wranglingDonald TrumpTrump condemns Iran’s ‘sinister’ nuclear ambitions in State of the UnionPresident warns Islamic republic is rebuilding nuclear weapons programme amid huge US military build-upTrump tariffsBelgian diamonds lose US tariffs exemptionTrump’s new 10% global duty has to apply ‘consistently’ to all countries, say legal expertsEtihad AirwaysEtihad boss says tariffs more disruptive to airline than conflictAntonoaldo Neves likens situation to snowstorms disrupting traffic for several daysAutomobilesThe cyber security threat inside your carBuilt-in vulnerabilities in high-end vehicle components raise the risk of both espionage and sabotageChris MillerTrump tariffsTrump’s global tariff takes effect at 10%US president had said he would raise levy to 15%India Business BriefingUS tariff strike-down creates new trade dilemmas for IndiaAlso in this newsletter: the bulldozers are coming to Great NicobarTrump tariffsFedEx sues Trump administration for tariff refundsShipping company first big US group to file suit over levies since Supreme Court deemed them illegalUS-Iran tensionsUS evacuates staff from Lebanon embassy as fears rise of war with IranTrump has threatened to strike the Islamic republic unless a deal is reached on curbing its nuclear programmeTrump tariffsThe US Supreme Court’s ruling won’t stop Donald Trump’s tariffsThe justices have closed one door of trade policy while leaving an entire corridor wide openPeter NavarroTrump tariffsUK warns tariff retaliation is an option if US reneges on trade dealGovernment says ‘nothing is off the table’ if talks with Trump administration are not resolved amicablyTrump tariffsEU delays ratifying US trade dealMove comes in response to Supreme Court ruling deeming Trump’s tariffs illegalHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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