The 2025 trade war: Dynamic impacts across US states and the global economy
In 2025, the US government announced a series of tariff increases targeting major trading partners, including Canada, China, and Mexico. This column estimates the economic
A world with no safe assets
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
Mars or Mercury rebooted: The Trump administration, the dollar, and the geopolitics of international currency choice
A 2018 Vox column examined the geopolitical premium enjoyed by the US thanks to its security alliances and ‘dollar diplomacy’. This column, written by one
