The best response to Donald Trump’s tariffs would be strategic restraint, argues Joshua Fenton. By refusing to be drawn into a trade war, Europe can protect itself from further damage and demonstrate the futility of unilateral tariffs. In the eyes of Donald Trump, tariffs are tools of strength, part of a zero-sum game designed to … Read more
When US President Donald Trump announced the imposition of “reciprocal” tariffs on virtually the entire globe on April 2nd, many observers felt that they were witnessing a historic event—the “end of globalization as we know it”, the starting shot to an economic calamity on the scale of the Covid-19 pandemic or, as the prime minister … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese trade negotiators trying to spare their country from Donald Trump’s tariffs are preparing to do battle over an issue where neither side can easily back down: a car safety test that does not exist. … Read more
The impact of Donald Trump’s tariffs on EU and UK exports is likely to be far less than is commonly thought, writes Tsjalle van der Burg. But the uncertainty caused by Trump’s policies could still cause severe economic damage. One of the apparent aims of Donald Trump’s “Liberation Day” tariffs on 2 April was to … Read more
Cheap Chinese imports pose a threat to European businesses, but EU anti-dumping measures could do more harm than good, writes Enrico Vanino. President Trump’s spiralling trade war with China increasing tariffs on a wide range of Chinese goods – including everything from electric vehicles to consumer products and industrial inputs of production – might soon … Read more