The world has witnessed a resurgence of protectionism since Donald Trump returned to the White House. So-called “reciprocal” tariffs, imposed on all US trading partners at varying degrees based on the tax they charge on American goods, have been one of the hallmark features of Trump’s economic policy. They aim to correct what he perceives as “unfair” trade practices.

The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.

Plans to introduce ‘default’ pathways sound risky, but the risk of doing nothing is even greater

Private capital group took hit in first quarter to raise cash in anticipation of market disruption from trade war