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Good morning from the Financial Times.
Today is Monday, June 2nd, and this is your FT News Briefing.
Global dealmaking has hit another brick wall.
And South Korea might be heading in a new political direction.
Plus, U.S.
President Donald Trump's budget proposal is spooking foreign investors.
I'm Kasia Bersalian, and here's the news you need to start your day.
Donald Trump's tariffs are slamming the brakes on a deal-making recovery.
The value of deals for buyout funds to purchase companies is on track to fall by 16 percent from quarter one this year to quarter two.