The American economy really is exceptional. It is richer, more innovative, and continues to expand at a high rate compared to most of the developed world. It has been extra special over the last 15 years, with its equity market outperforming any other country as growth prospects for China and Europe dimmed. But it seems…
Some of Donald Trumpâs reasons for imposing tariffs on countries are understandable, even if their fitness for the purpose is debatable. Demanding that Mexico impose tighter border controls, Europe raise defence expenditure and China prevent fentanyl smuggling or else suffer economic punishment is coercive diplomacy. A good threat comprises a promise of punishment if the…
At its most basic, a tariff is a tax or duty on an imported good or service. It can be on a single product, a category of products or applied on all imports from a specific country. In the first weeks of the new Trump administration, all these forms have been announced. For instance, Trumpâs…
Unless US President Joe Biden lets another Democrat contest this yearâs election, Republican candidate Donald Trump seems all but sure to win the White House. Itâs not just opinion polls. Consider the contrast in optics: A visibly ageing Biden who looked stumped at a key debate versus a fist-pumping Trump who arose unshaken from the…
