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Economics

What America’s presidential election means for world trade

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In the 1990s presidential hopefuls fought over how much America should open itself up to commerce with other countries. Nowadays, the trade debate revolves around how much America should close itself off. Donald Trump is unquestionably the more radical of the two candidates, with a vision for tariffs that would turn the clock back nearly a century on economic strategy. Kamala Harris is less extreme but still sees a world in which America is best served by soft protectionism, featuring subsidies for favoured industries.

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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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