Spain’s PM Sánchez at risk as Nato gamble sparks Trump’s ire US president threatens Madrid with extra tariffs after Spanish prime minister rejects 5% defence spending target
https://www.ft.com/content/590....8b7ed-d971-4bde-9458

The economic consequences of Trump’s second coming Preparing for a post-American world (part 2)
https://www.ft.com/content/089....2542b-abb6-4097-b3d7

FirstFT: Investors flee US long-term bonds at swiftest rate since Covid-19 Also in today’s newsletter, dollar sinks to a three-year low, and how the next financial crisis starts
https://www.ft.com/content/cc6....d3a66-f87e-4d22-ba07

High-priced drones and Japan’s hidden AI champion The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
https://www.ft.com/content/6f0....55dfb-97fa-4cdd-b75a

UK to focus new trade strategy on boosting services exports Trade minister Douglas Alexander says policy will also involve strengthening anti-dumping defences amid Trump’s tariff war
https://www.ft.com/content/849....ccb1a-ed2b-4ba6-b78c