Warning against pushing alternatives to reserve currency is latest trade threat from incoming president
US president-elect has threatened to hit Canadian imports with steep tariffs as soon as he re-enters office
The next US president and his team see trade in political, rather than narrowly economic, terms
US president-elect’s pledge to impose tariffs on Mexico and Canada would disrupt sector’s complex supply chain
Also in this newsletter: Georgia belatedly cuts its ties with Brussels
Will importers or foreign producers take the hit — or will it be US consumers who suffer, as many economists suggest?
Rare back-to-back cut reflects concern over impact of incoming US president’s policies
Leaders differ on how they presented Claudia Sheinbaum’s plan to stop migrants entering US
ECB chief takes aim at claim that tariffs will ‘make America great again’ — but calls for negotiation, not retaliation
This week is a sobering reminder of the uncertainties of US policy to come
What happens when the US signals a trade war months in advance
American imports of used Chinese cooking oil as a biofuel feedstock have surged since passage of Inflation Reduction Act
President-elect taps Jamieson Greer for US trade representative and Kevin Hassett as director of National Economic Council
An abrupt change of course on US subsidies would come at a time when demand is already slowing in developed economies
President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problem
President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplier
President Claudia Sheinbaum talks tough in response to tariff threat but slide in peso highlights country’s vulnerability
Donald Trump’s threat of 25% levies on Canada and Mexico is a hard one to hedge
Bessent is a pragmatic pick, but he will not make up for the president-elect’s unpredictability
Broader equity markets mostly shrug off plans for US levy on imports from Mexico, Canada and China
Canada, Mexico and China have options to avoid a trade war
US president-elect vows to impose levies on first day in retaliation for illegal migration and drug trafficking
Policymakers need to update their approach if they are determined to use trade measures to protect industry
The next president’s choice as Treasury secretary may find a way to place Maga economic policy in a co-operative international framework
Don’t believe COP promises or obsess about Trump palace politics