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Donald Trump's tariffs reached 20% but failed to spark a full trade war as other countries opened markets and struck new deals rather than retaliating in kind.
Catch up on global daily news
Compelling long reads
Future-gazing analysis, predictions and speculation
Tune into captivating conversations
Watch engaging short films

Donald Trump's tariffs have yet to revive American manufacturing one year after "Liberation Day", with manufacturers shedding…

Tariff wrangling will stretch through the rest of Donald Trump’s term, and beyond

Even if he has ways to rebuild trade barriers, writes Douglas Irwin

The agreements look one-sided. Their consequences may not be

A deal with America chooses certain tariffs over risky retaliation

A deal with America chooses certain tariffs over risky retaliation