Swamp Notes: The costs of Trump’s tariffs

Global equities rallied and oil prices fell after an agreement to reopen the Strait of Hormuz, and hedge funds are betting against the debt and equity of some of Europe’s largest carmakers. Plus, a Russian online sabotage network was behind a series of arson attacks on Sir Keir S ...  Show more

The leaders of the US and Iran will sign an agreement on Friday to reopen the Strait of Hormuz, and the annual G7 summit kicks off today. SpaceX’s blockbuster IPO tells us a lot about Wall Street’s appetite for tech listings, and the New York Knicks won the NBA championship for t ...  Show more

Political Fix is on a break this week. In its absence, we're taking the opportunity to introduce you to its sister podcast, Swamp Notes, the weekly US politics podcast from the Financial Times. Six months after the Trump administration gutted the US Agency for International Devel ...  Show more

President Donald Trump thinks that Asia's goods exports are automatically America's loss and as part of his ‘reciprocal’ tariff policy, he has imposed some of the highest import taxes on goods from south-east Asia. So what does this mean for the region? And are Trump's policies p ...  Show more

European stock indices have outperformed the S&P 500 so far this year. The FT’s Aiden Reiter joins Katie Martin to discuss why investors are finally looking beyond US stocks and why Donald Trump’s policies could accidentally benefit global exporters. Also, we go short post ...

President Trump's new tariffs went into effect just after midnight as U.S. trade partners seek negotiations. President Trump has raised the import tax on Chinese goods to a minimum of 104 percent. And, the U.S. Supreme Court has said the Trump administration is free to proceed wi ...  Show more