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Economics

America has found a new lever to squeeze foreigners for cash

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Tariffs particularly enthuse Donald Trump because foreigners pay them—at least as he sees it—and merely threatening them is an easy way to mess with other countries. Two months on from “Liberation Day”, the president and his allies in Congress are trying the same trick with the tax code.

Economics

Checks and Balance newsletter: Of God and MAGA

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Charlotte Howard, our executive editor and New York bureau chief, unpacks the blurring of church and state among Donald Trump’s circle

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Economics

The Hudson is now so clean that everyone can eat from it

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Battery sashimi, anyone?

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Economics

Pete Hegseth’s Pentagon is a lethality-maxxing wasps’ nest

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America’s armed forces are supremely capable and roiled by infighting

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