Letter: Here’s a book every farmer should readNews Feed
From Mike Mason, Naphill, Buckinghamshire, UK
How India can steal China’s lunchNews Feed
Also in this newsletter: why the RBI is right to be careful about household debt
Beyond The White Lotus: Thailand’s luxury lifestyle marketNews Feed
The television series has turned a spotlight on the country’s many islands
Trump wavers on smartphone tariffsNews Feed
‘Has he W-turned yet?’
FirstFT: China exports soar ahead of Donald Trump’s tariffsNews Feed
Also in today’s newsletter, US’s risky corporate borrowers shut out of bond market, and Sony raises PS5 prices amid tariff uncertainty
UK consumers plan to ‘buy British’ as Trump’s trade war bitesNews Feed
More than 70% of people said they intend to support UK businesses
FT Crossword: Number 18,026News Feed
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Harvard University rejects Trump administration’s demands for reformNews Feed
Leadership condemns what it says is an attempt to impose ‘direct governmental regulation’ at the elite institution
Risky corporate borrowers shut out of bond market since Trump’s tariff blitzNews Feed
Slowdown in high-yield bond market issuance threatens a tentative rebound in dealmaking
US government debt steadies after week of brutal sellingNews Feed
10-year yield falls for first time since April 4 as investors scoop up Treasuries