Trump’s tariffs are here to stay

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

The new “toys for tots”, or so-called “Trump Accounts” savings programme announced by Donald Trump set our mind spinning. The idea is that the federal government will place $1,000 in an investment acc

CUPRA’S Chinese-built, all-electric Tavascan’s EU import tariff could be relaxed, which could pave the way for MINI, Smart, Volvo and other European car brands to get a cut in duty, too. The EU’s poli

We are in a real-life game of Risk. In 2019, Fiona Hill, an official at the US National Security Council during Donald Trump’s first term, said the Russians had informally proposed a plan whereby they

There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain