Europe has a potential golden opportunity to claim the global reserve currency and get a free military rearmament to boot.
tariffs
Posted inVideos
The Prospect Weekly Roundup: The Oncoming Trump Slump
On our live show, Ryan Cooper and Samantha Hancox-Li discuss how Donald Trump’s madcap crusade is causing chaos in global markets, and why so many liberal institutions are capitulating to him.
Posted inTAP
Could Jay Powell Restrain Trump?
Today on TAP: Trump’s destructive tariff policies could well require emergency Fed intervention that Powell doesn’t want. Will the Fed chair have the nerve to challenge Trump?
Posted inEconomic Policy
The Manufacturing Boom We Already Had
A Q&A with Biden industrial-policy official Alex Jacquez on the right way to boost domestic production in critical sectors
Posted inTAP
Sorry, but It’s Not Over
Today on TAP: Trump blinks for now, but he remains a bundle of contradictory impulses and grievances. So the wholly invented economic crisis will continue.
Posted inEconomic Policy
The Great Trump Crash?
Emergency warnings are lighting up all over financial markets, solely because of Donald Trump.
Posted inTAP
Trump Undone (Well, Partially Put on Hold)
Today on TAP: The president is compelled to delay his tariffs. The Republican Congress failed to do it, so the markets did.
Posted inEconomic Policy
The Economic Consequences of the Tariff War
The economy was already stalling out before Liberation Day. A trade war on the entire world will only make everything worse.
Posted inTAP
Trump’s Tariffs: Borne Back Ceaselessly Into a Past That Never Was
Today on TAP: Rebuilding manufacturing? It’s more about humiliating every other world leader, and keeping his own taxes low.
Posted inMoney, Politics, and Power
Bloodlust and Boozing During Trump’s Wall Street Beatdown
A day in Manhattan as markets whipsaw amid the Trump tariff debacle
