LAST YEAR America charged levies averaging 2% on its imports of goods. Following the launch of President Donald Trump’s trade war, it now has an “effective” tariff of over 16%, the highest since the 1930s (see chart 1). And rates could go even higher. Mr Trump has written strongly worded letters to many of America’s biggest trading partners threatening further levies on August 1st.
After the bombing of Hiroshima on August 6th, 1945, there was no high-level meeting or order from Truman to stop...
Readers will be aware that Murray Rothbard conceptualized all rights as property rights, derived from the principle of self-ownership. His...
The violence of facelifts Unherd 🚨3I/ATLAS Just Got Bluer Than the Sun and Nobody Knows Why 3I/ATLAS is changing fast....
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,085.73 points or 2.12% to...
Shoppers carry Macy's and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The...
Part the First: Where Have All the Grownups Gone? Corey Robin is always worth reading (the first edition of The...
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