Trump’s tariffs will backfire

Poor Donald Trump. There are two major parts to the US president’s political programme: tariffs and deportations. Both are in trouble with the law. Federal judges have blocked him from swiftly deporti

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

The dots appear to contradict one another, puzzling observers. How to connect them? Inflation over the last five years has been double the Federal Reserve’s target. Why then, does it cut its key lendi

“Two huge heavyweights” are in the ring. “I haven’t had so much fun since the ‘Thrilla in Manila’,” an unnamed former US official tells the Financial Times. The world’s two superpowers are squaring of

Last Friday, US president Donald Trump signed a proclamation entitled “Restriction on Entry of Certain Nonimmigrant Workers”, stating that a new $100,000 fee will be imposed for H-1B visa applications

France’s wealthy have a “new nemesis”, says Denis Cosnard in Le Monde. Economist Gabriel Zucman’s proposal for a new wealth tax is dominating public discussion about how the country can close its gapi