How Donald Trump should have tackled the US trade deficit
The US trade deficits will have to be reduced materially to prevent a crisis down the road. This column argues that fiscal consolidation, in association
A new modelling approach for evaluating the Trump tariffs
There is currently much discussion about President Trump’s tariffs, the US trade deficit, and its causes and impacts, but little in the way of economic
Tariffs, the dollar, and equities: High-frequency evidence from the Liberation Day announcement
On 2 April 2025, the US announced tariffs on most of its trading partners, creating a major trade policy shock to the world economy. This
