10-12-2025 12:00 via ft.com

Trump’s tariffs intensify strain on US farmers, Deere warns

Farming equipment giant is scaling back production at flagship tractor plant in Iowa
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Economy news



US central bank to launch $40bn debt-buying scheme after money market strains
FirstFT: Donald Trump pledges to intervene in renewed Thailand-Cambodia conflict
The hidden cost of ultra-cheap solar power
Federal Reserve cuts rates to three-year low after fractious meeting
Fed cuts rates to three-year low after fractious meeting
The big (duration) short
Fed delivers rate cut with hawkish guidance
Return to EU customs union would ‘unravel’ UK trade deals, Starmer warns
Brussels raids Temu in foreign subsidy investigation
Trump vows to make US affordable again, as Americans feel the pinch
FirstFT: ICE’s dragnet data operation
IMF calls on China to fix economic ‘imbalances’
‘Vital’ EU-Mercosur trade deal hangs in the balance days before deadline
FirstFT: EU races to bypass Orbán on Russian assets
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