The case for Trump’s tariffs looks strong a year on from ‘liberation day’
Economists’ lurid forecasts of disaster have not been realised
Economists’ lurid forecasts of disaster have not been realised

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

Trump’s tariff war brings with it unpredictability and a consequent loss of confidence

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

Judicial limits on the executive today will bind the hands of future presidents tomorrow

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

Rerouting of supply chains can lead to significant reductions in emissions