US President Donald Trump wants to raise tariffs on India and the CEO of Deutsche Bank approved a controversial trade he was later tasked with probing. Plus, Australia wants a port they sold to China back, and Tesla’s board gave chief executive Elon Musk $30bn worth of shares after threats from him to resign.

Mentioned in this podcast:

Donald Trump to raise tariffs on India over Russian oil purchases

Deutsche Bank chief approved controversial trade he was later tasked with probing

The remote Australian port caught in a US-China security tussle

Tesla board awards $30bn of shares to ‘energise and focus’ Elon Musk

Today’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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Australia wants its port back

FT News Briefing