Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
Donald Trump has fired the first shot. Goods arriving in America from Canada and Mexico will meet tariffs of 25% as soon as he returns to the White House, the president-elect wrote on November 25th. Mr Trump also said that he would impose additional 10% tariffs on Chinese goods. He is not wasting any time in seeking to exert America’s influence.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Get used to it”
Finance & economics November 30th 2024
- Trump wastes no time in reigniting trade wars
- American veterans now receive absurdly generous benefits
- Why everyone wants to lend to weak companies
- How Trump, Starmer and Macron can avoid a debt crunch
- Hong Kong’s property slump may be terminal
- The great-man theory of Wall Street
- Why Black Friday sales grow more annoying every year
From the November 30th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful