Trump Is Pushing Canada and Mexico Towards China
Former President Donald Trump is actively lobbying Canada and Mexico to deepen economic ties with China, arguing that the U.S.-China rivalry is harming North American interests. He has organized private meetings, used media appearances, and floated ideas for joint infrastructure and supply‑chain projects involving Chinese firms. Both Ottawa and Mexico City have shown limited openness but remain wary of Beijing’s strategic motives. The effort comes as Washington tightens tariffs and technology restrictions on China, creating a volatile trade environment for the continent.
Analysts’ Views: Forecasters Dispute Market View of Likely Policy at Fed and Bank of England
Forecasters are openly challenging the market consensus on upcoming monetary policy moves at both the Federal Reserve and the Bank of England. While equity markets price in an aggressive Fed rate‑cut cycle this year, several economists argue the central bank...
France Signals Volte-Face on ‘Made in Europe’ Subsidies for UK Car Industry
France announced it will reverse its earlier stance and allow UK car manufacturers to qualify for the EU’s “Made in Europe” subsidy programme. The change opens up to €2.5 billion in support over the next five years, aimed at preserving jobs...
EU Cuts Growth Forecasts as Iran War Drives up Inflation
The European Commission lowered its 2024 growth projection to 0.2%, down from 0.7%, while raising the inflation outlook to 5.3% from 4.9%. The downgrade reflects heightened energy costs and supply‑chain disruptions linked to the escalating Iran‑Israel conflict. Analysts warn that...
Inside Jay Powell’s Turbulent Eight Years Leading the Fed
Jerome Powell took the Federal Reserve helm in February 2018 and spent eight turbulent years steering U.S. monetary policy through a pandemic‑driven recession, soaring inflation, and intense political scrutiny. He weathered repeated public attacks from former President Donald Trump, who...
EU Races to Find Deal Compromise as Trump Tariff Deadline Looms
The European Union is accelerating negotiations to strike a compromise on a pending trade deal as President Donald Trump’s deadline for imposing tariffs on EU steel and aluminium approaches. EU officials are balancing industry pressure with political demands, aiming to...
Why Warsh Wants the Fed to Keep Quiet
The requested article "Why Warsh wants the Fed to keep quiet" is behind a paywall and no substantive content is available to extract. Consequently, no details about the arguments, metrics, or developments can be summarized.
US and South Africa Hold Talks on Mining Deals After Year of Tensions
U.S. officials and South African mineral authorities met in Washington to revive mining partnerships after a year of diplomatic friction. The talks focused on joint ventures in platinum‑group metals, lithium and copper, with U.S. firms such as Freeport‑McMoRan and Newmont...
Protectionism Makes Everyone Poorer During Global Shocks
Recent global shocks—from the Iran war to Ukraine and the Strait of Hormuz—have prompted governments to impose trade restrictions that often spike prices and volatility. WTO monitoring shows that during the first two months of the Ukraine conflict, 53 trade...
Why the Shift From Savings Glut to Grab Is Good for Investors
JPMorgan’s Europe‑EMEA chief market strategist argues that the era of a global savings glut is ending and giving way to a "savings grab," where governments and corporations worldwide are racing to spend the capital that once flowed into U.S. bonds....
Warsh Would Be Wise to Listen to Fed Dissenters
Petrol prices have surged from under $3 to over $4.50 per gallon and diesel to $5.60, while fertilizer costs have risen 25‑50%, after the Iran‑linked Strait of Hormuz disruption halted 20% of global oil and gas shipments. The Federal Reserve,...
Powell Out
The Financial Times has assembled a dedicated Monetary Policy Radar team to track global central‑bank actions and forecast rate moves. Chris Giles, the veteran economics commentator, leads the editorial side after 19 years at the FT. Andrew Whiffin, a CFA‑journalist...
Trump Says He Will Raise Tariff on EU Vehicles to 25%
Former President Donald Trump announced he would raise the tariff on European‑made vehicles to 25% if he returns to the White House. The proposal would double the current 10% duty applied to cars from the EU, targeting major manufacturers such...
The Company that Defied Trump’s Tariff War
The requested article content was not provided; the excerpt contains only navigation and paywall prompts without any substantive text about the company or its exposure to Trump's tariff war.
Trump and China Vie for Influence in Latin America
In its 2023 National Security Strategy, the Trump administration declared the Western Hemisphere its top priority, adding a “Trump Corollary” to the Monroe Doctrine to block rival control of strategic assets. The policy has already manifested in a January raid...