The Economist: Finance and economics articles summarised (7th June 2019)

America First trade policy
Trump’s trade strategy has impacted the following: Mexico, India, potentially countries that manipulate their currencies, WTO (judge appointments blocked), EU/Japan (potential car tariffs) and of course, China (see chart below). This is a change of tack from previous presidents but the uncomfortable truth is, he has a point. China has state-directed capitalism, India is protectionist and the WTO’s system has weaknesses. America is the world’s most . . .

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