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2025

Investment will suffer in the age of Trumpian uncertainty
Trump’s unpredictability threatens global investment with chaos, zero-sum thinking, and rent-seeking, even if he winds back his tariffs.
Trump isn't playing 4D chess
He just really likes tariffs.
Government by AI
Did the Trump administration use AI to devise its tariffs?
Trump's Liberation Day
The US will impose a minimum 10% tariff on all of its trading partners, including Australia.
Xi Jinping's pivot
Xi Jinping’s market pivot aims to resuscitate China’s economy, but bloated subsidies and a global trade war might choke the recovery.