Trump’s self-defeating tariffs on south-east Asia
Forced to choose between the US and China, the likes of Vietnam may opt for Beijing
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Trump’s tariff formula used the wrong value in its calculations, conservative think tank says. ‘This whole thing was rigged.’
“What’s driving the policy, is that since the 1980s Trump has been a protectionist, and he thinks trade deficits are losses and trade surpluses are profits,” AEI’s Stan Veuger told Fortune.
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Trump trade guru Peter Navarro says Vietnam’s zero-tariff offer ‘means nothing’ because ‘it’s the non-tariff cheating that matters’
Navarro said trading partners cheat the U.S. via methods like currency manipulation and export subsidies, but also through levying VAT.
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Warren Buffett’s son is on track to donate $1 billion in aid to Ukraine this year—and pledges to continue despite Trump’s shaky relations
Buffett’s foundation, which focuses on humanitarian needs like agriculture, infrastructure and mine clearance, has contributed about $800 million to Ukraine since the start of the full-scale invasion, including $175 million in humanitarian demining.
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Exclusive: Half of the ‘Hybrid Generation’ would quit their jobs if forced back to office full-time, unless they get a pay rise, survey finds
A new report by BSI finds Gen Z isn’t prepared to be introduced to the old era of fully in-office work.