Trump's trade war and the global economic outlook

As President Trump is doubling down on his threat of imposing further tariffs, markets around the world are taking the likelihood of a trade war far more seriously. He definitely upped the ante by declaring to impose further 10 per cent tariff on US$200 billion worth of Chinese goods coming...

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If Trump ruled Venice

Marco Polo, the famous thirteenth-century Venetian merchant, was one of the first Europeans to trade with China. Now imagine that, after a while, the Venetian state became concerned that Polo was purchasing too many silks and spices from China to sell at a profit in Europe. The "trade deficit" he...

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