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Illustration by Simon Letch

In 50 years, Trump will be remembered as just a puzzling footnote

No profession spends more time contemplating the future than economists. Are they any good at it? Well, no, not really.

  • Ross Gittins

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Trump has vowed to increase tariffs on China as soon as he returns to the White House.

China just waved a $1.6 trillion red rag at Trump

A week before Donald Trump regains the White House with a cabinet full of trade hawks, China has released figures sure to enrage the incoming president.

  • Stephen Bartholomeusz

Think the whole world’s going to hell in a handbasket? You’re wrong, and here’s why

More tragedy and turmoil is inevitable in 2025 but even so, for millions and millions of people around the globe, things are getting measurably better.

  • Matt Wade
Xi Jinping, Donald Trump and Vladimir Putin all seek radical change to the current world order.

How has the 21st century gone so wrong?

How did we get here, and what are the chances that the next 25 years will be better than the last?

  • Adrian Wooldridge
Donald Trump and Xi Jinping in 2019. Financial markets are concerned about a trade war between the world’s two largest economies.

The world’s most important bromance needs to be rekindled

Xi Jinping and Donald Trump can’t let relations between China and the US deteriorate any further.

  • Karishma Vaswani
Hedge fund investor Scott Bessent, Donald Trump’s Treasury secretary pick, made a late conversion to MAGA ideology.

The billionaire Wall Street is trusting to keep Trump on a tight leash

Wall Street has cheered the appointment of Scott Bessent, backing him to rein in Trump’s craziest ideas. That’s a big ask.

  • Stephen Bartholomeusz
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Donald Trump’s “America First” policies will rattle the global economy.

How Donald Trump will change how the world works

The lens through which Trump sees the world is narrow and focused tightly on whether a relationship directly benefits America. That sets up difficult choices for everyone.

  • Stephen Bartholomeusz
Donald Trump’s ultra-loose fiscal policy has put a rocket under the US dollar.

Rampant US dollar sends a threatening message to the rest of the world

The greenback has surged against currencies of America’s major trading partners since the election, sounding a warning for the global economy.

  • Stephen Bartholomeusz
Cantor Fitzgerald CEO Howard Lutnick was prominent during Trump’s campaign.

The Wall Street billionaire putting his hand up to run Trump’s economy

The text to Elon Musk: a picture of giant scissors. Musk’s text back: a picture of a sword.

  • Todd Gillespie
Young supporters at a Trump rally in Greensboro, North Carolina on November 2.

‘Two tears in a bucket’: Why voters flocked to Trump, and why some might regret it

Working-class Americans have voted with a mixture of fatalist resignation and up-yours defiance for an economic remedy likely to leave them worse off.

  • Chip Le Grand

Original URL: https://www.theage.com.au/topic/global-economy-1n6f