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Alan BeattieFinancial Times |
Distortions from US tariffs need not be disastrous
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currencies
The new president is not the man to shore up the US ‘economic security state’
The incoming Trump administration is set to dust down a weapon from a bygone era
Flexible economies and free markets have kept globalisation going this year
Governments are experimenting with industrial policy but tariffs are staying low
Donald Trump’s obsession with import taxes belies their limited effects
This week is a sobering reminder of the uncertainties of US policy to come
Higher borrowing costs from tariffs and tax cuts will be the US’s main impact on carbon-saving investment worldwide
The new administration confronts a WTO already undermined by long-standing US disapproval
Trying to close current account deficits with trade tools could cause serious damage
The Republican candidate’s first presidential term was marked by infighting in the administration
It’s unrealistic to imagine investors will massively increase their contribution to developing-country infrastructure
The American market is too small to give Washington leverage over Chinese software in EVs
The flat-pack furniture giant Ikea has successfully ridden the shocks of Covid and Ukraine
Despite interventionist industrial policy rhetoric, Canberra has maintained open trade and a market economy
America’s lagging technology and protectionist trade policy hamper its global leadership
Fears of an international hunger emergency after the Ukraine invasion proved unfounded
The Democratic candidate makes a welcome attack on Donald Trump’s reckless trade plans
Kamala Harris won’t have much room to shift from industrial intervention and import tariffs
The EU’s international policies on climate, trade and development are incoherent