Dispatches from the trade war

ON THE CAMPAIGN TRAIL, PRESIDENT DONALD Trump made lofty claims about the benefits of raising tariffs. They will reshore American manufacturing jobs and encourage domestic spending, he promised. “Tari

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

“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

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

Issue of the week: Venezuela and the markets ...

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