Can the world’s free-traders withstand Trump’s attack?

Editor’s note (April 2nd 2025): This story has been updated.

He offers the only way out of a supremely difficult situation

The president jacks up tariffs on all countries, with particularly sharp rises for much of Asia

How a Depression-era lending scheme became a trillion-dollar wheeze

A rush of new tariffs will hurt growth, raise prices and worsen inequality

What clergymen can learn from economists

Wall Street still needs more to coax it back. But non-American firms may be ready to return

https://www.economist.com/finance-and-economics/2025/04/02/can-the-worlds-free-traders-withstand-trumps-attack

A source: www.economist.com/finance-and-economics/2025/04/02/can-the-worlds-free-traders-withstand-trumps-attack