Good morning from the Financial Times.

Today is Thursday, May 7th, and this is your FT news briefing.

Donald Trump is weighing up a move that could threaten the trade truce with Beijing.

The European Central Bank is expected to resist pressure from Germany's constitutional

court to justify its bond purchase program, and shares in lift made a sizable jump in after hours trading yesterday

after giving Wall Street some good news about the health of the ride sharing business.

Plus AirB&B was expected to make its stock market debut this year.

Our San Francisco correspondent Dave Lee

will tell us how the company is thinking about the future

as the travel industry deals with the coronavirus crisis.

I'm Mark Filipino, and here's the news you need to start your day.

Tensions between the US and China have been heating up. With the national death toll from

coronavirus above 67,000 US President Donald Trump accused China of covering up

its outbreak and allowing it to spread around the world.

Now the US president is weighing up more aggressive economic measures against China.

Administration officials, congressional aides, and industry lobbyists in Washington

say the White House and Capitol Hill are

considering steps to curb supply chains and investment flows. The big question

now is will all this undo the so-called Phase one trade agreement the two countries reached in

January. Though it was limited in scope, the truce ended a nearly two and a half year

trade war where each side lobbed tariff threats back and forth.

But yesterday, Mr. Trump warned that Washington

...