Economic Conditions and Trends

How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs

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[ad_1] Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The lessons of … Read more

Plunge in Oil Prices Threatens Russia’s Vast Spending on Ukraine War

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[ad_1] President Trump spared Russia from the tariffs he had imposed on 180 other nations in a bid to reshape global trade. But that did not exempt the country from the ensuing economic havoc. The price of oil, the lifeline of Russia’s economy and war machine, has fallen nearly 15 percent since Mr. Trump announced … Read more