Apr 9th 2025 | WASHINGTON, DC DONALD TRUMP has blinked. Little more than 12 hours after his radical regime of “reciprocal” tariffs took effect, he has put most of them on pause for 90 days. Mr Trump s...
Apr 9th 2025 | WASHINGTON, DC Of all the lines that could have rebounded, this might be the worst. During Asian trading hours on April 9th the yield on ten-year American Treasuries leapt to 4.5% (see ...
Apr 9th 2025 By imposing heavy tariffs on its trading partners, America has not only provoked a market crash, raised uncertainty to unprecedented levels and maybe sent the global economy into recessio...
Apr 8th 2025 | Delhi, Singapore and Tokyo COURTING THE tariff king is a tricky business. There are no rules, no obvious channels through which to reach him and no guarantee that anyone, apart from the...
THE TRADE WAR is escalating, and fast. On April 8th Chinese officials vowed to “fight to the end” in the face of new threats from Donald Trump, made just hours earlier. Having at first promised levies...
Plunging markets are normally unnerving because they reveal how quickly sober-minded investors can give in to terror. Just now the scariest thing is how rational those scrambling to sell appear. Share...
Apr 7th 2025 | Hong Kong DURING HIS inaugural address eight years ago, Donald Trump spoke of “American carnage”. In recent days he has spread something similar across the world economy: a problem he a...
Apr 6th 2025 | San Francisco IN ITS SCOPE and severity, the trade war took markets by surprise. On April 3rd, the day after President Donald Trump laid out an unprecedented array of tariffs, the Russe...
Apr 5th 2025 | Washington, DC IN DONALD TRUMP’S view of global trade, America has been “looted, pillaged, raped and plundered by nations near and far”. Ironically enough, customers near and far who av...
DONALD TRUMP’S tariff announcement on April 2nd has drawn mockery for its spurious maths. Any bilateral trade deficit is treated as gross unfairness; the tariffs are set by taking the measure as a sha...
