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Southeast Asian economies prove resilient in the face of Trump’s tariffs as supply chains expand

Within a year of taking office, U.S. president Donald Trump turned global trade on its head. His sweeping tariffs took effect on Aug. 1, and have since upended countless trade relationships countries built through years of diplomacy. Yet despite the U.S.’ tariffs, global trade has been more resilient than expected, say Macquarie’s analysts in their…

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It was the week before Christmas, and Americans got one more dispiriting look at the jobs market.  After a year of stalled hiring and “ghost jobs,” Americans are going back to school, retraining, and trying to get off the sidelines. But they’ve been flying blind after the longest federal government shutdown in history clouded the…

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Will Trump Torpedo North American Trade?

The negotiations that remade the North American Free Trade Agreement were, as one participant put it, a series of “near-death” experiences. For more than a year, starting in 2017, envoys from the United States, Canada, and Mexico met to determine the future of a trade alliance worth trillions of dollars. They clashed over everything from…

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