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The debt limit is still a thing

8 July 2025
in World
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The debt limit is still a thing
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Roula Khalaf, Editor of the FT, presents her favorite stories in the Editor’s Digest newsletter. In recent developments, President Trump emphasized a strict August 1 tariff deadline while a $5 trillion debt ceiling increase was enacted to avert a US default, although concerns about future fiscal space remain, coinciding with fluctuations in copper prices due to tariff threats.

Explain It To Me Like I’m 5: In a newsletter by Roula Khalaf, the FT editor, key stories are discussed, including President Trump’s firm stance on tariffs and the significant increase in the US debt ceiling, which impacts the economy and markets.

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