When big trade partners become big tariff targets

The “good news” now being heralded by the US media and the administration: the take from tariffs surged to $31bn in August, setting new monthly high for 2025. Secretary of the Treasury Scott Bessent s

engelsbergideas.com Trade conflict and coercion, protectionism and industrial policy, and broad definitions of national security are now increasingly familiar features of the fragmenting global order

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Issue of the week: Trump’s truce with China ...

Indian prime minister Narendra Modi enjoyed a blossoming friendship with US president Donald Trump during the latter’s first term in the White House, says The Economist. But now the US president has s