There are good reasons to be cheerful about global trade
Donald Trump’s inept tariff campaign hasn’t yet derailed globalisation
Donald Trump’s inept tariff campaign hasn’t yet derailed globalisation

Trump’s tariffs have not led to the kind of retaliatory action many expected

Damage caused by US tariffs has so far been muted but that won’t last

The US is no longer predictable nor bound by any fundamental principles of action

Donald Trump has reset the global trading order. What happens next?

No economy rises or falls for just one reason, even a shock as big as Trump’s trade policy

The US president’s ‘liberation day’ tariffs spooked markets but the global trading system has proved to be resilient