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Forced to choose between the US and China, the likes of Vietnam may opt for Beijing

Dealing with the next US administration will test Warsaw as it replaces Budapest in the EU’s rotating presidency

Trump Media & Technology rises more than 50% to boost fortune of former US president

Plus, French football’s difficult week and Liverpool appoint new commercial director

Investors reel as new levies on the EU, China and other major trading partners come into force

Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuels

Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investors

US central bank risks relying too much on backward-looking data, economists warn

Bessent is a pragmatic pick, but he will not make up for the president-elect’s unpredictability

Plus the energy-inflation link