Trump’s China policy is a chaotic mess that harms the U.S. far more than it harms the Chinese.
trade
Posted inTAP
Trump’s China Charade
Today on TAP: It’s the usual script—create a crisis, then back off and claim victory.
Posted inEconomic Policy
Trumpflation Is Here
The president’s lunatic tariffs are jacking up prices all over the place.
Posted inEconomic Policy
We Can’t Count on Trump’s SEC to Tell Us If He Is Manipulating the Market
The Musk-damaged agency is unlikely to investigate whether Trump and his allies are profiting from advance knowledge about tariff changes or meme coin shenanigans.
Posted inAmerica and the World
The Quiet Canadian
Canadian Prime Minister Mark Carney displays an appreciation for the strategic value of silence during his Oval Office meeting with President Trump.
Posted inTAP
Trump’s Utopia
Today on TAP: He’s borne back ceaselessly into a fictitious past reshaped for his immediate needs.
Posted inVideos
The Prospect Weekly Roundup: The Underbelly of Finance
On our live show, David and writing fellow James Baratta look at private equity and the Consumer Financial Protection Bureau.
Posted inAmerica and the World
Canada Strong
Liberal Prime Minister Mark Carney fought off Conservative Pierre Poilievre to keep his party in power. Governing will be a challenge of a different order of magnitude.
Posted inTAP
Waiting for the Supply Shock
Today on TAP: It’s coming, and we know approximately when.
Posted inEconomic Policy
The Permanent Tariff Damage
Trump tries to walk back his tariffs after supply chain collapse and threats of empty store shelves. But reversing course entirely may not be possible.
