Pakistan copper mine could offer leverage in US tariff talks, says operator

Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. A remote gold and copper mine beneath a volcano in south-west Pakistan could provide key leverage for trade talks with the US, according to its operator, as Islamabad tries to reduce “reciprocal” tariffs originally set at … Read more

Finnish utility explores buying part of Germany’s Uniper three years after exit

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Finnish utility Fortum is exploring buying part of its former subsidiary Uniper, three years after suffering multibillion-euro losses as the German gas importer was pushed to the brink of collapse. Fortum, majority owned by the … Read more

Trump’s China trade war a ‘boon’ for Brazil but sends US farmers reeling

The US and China’s dizzying tariff tit-for-tat has spurred Brazil’s agricultural sector and pummelled American farmers, as Beijing looks to Latin America’s largest economy for a swath of goods from soyabeans to beef. Brazil was a major winner in President Donald Trump’s first trade war with China, dramatically expanding its then-narrow lead over the US … Read more