tariffs

British Prime Minister Theresa May and Arlene Foster, the leader of the Democratic Unionist Party (DUP) visit Belleek Pottery, on July 19, 2018 in St Belleek, Northern Ireland. (Clodagh Kilcoyne - WPA Pool/Getty Images)

The Democratic Unionist Party Isn’t Bluffing on Brexit. It’s Being ‘Thran.’

The small Northern Irish party that props up the British government has a history of belligerence and brinkmanship. But ultimately it will blink.

U.S. President Donald Trump holds up a signed presidential memorandum aimed at what he calls "China's economic aggression" in Washington on March 22. (Mark Wilson/Getty Images)

The Lesson of Smoot-Hawley

On the podcast: The last big American trade war was in 1930. It ended badly for everyone.

U.S. President Donald Trump holds up a signed presidential memorandum aimed at what he calls Chinese economic aggression at the White House on March 22. (Mark Wilson/Getty Images)

The Ghost of Smoot-Hawley

On the podcast: The United States’ last big trade war was in 1930. It did not end well.

Steve Bannon, former White House Chief Strategist to U.S. President Donald Trump, speaks at a debate at Zofin Palace on May 22, 2018 in Prague, Czech Republic.

The Nationalist Internationale Is Crumbling

Steve Bannon is trying to sell Trumpism to Eastern Europeans—but shared ideologies die hard when they run into economic and military realities.

A worker tests the quality of molten iron at a furnace in the production area of the Zhong Tian (Zenith) Steel Group Corporation in Changzhou, Jiangsu province, China on May 12, 2016.

Steeling for a Fight

Trump's threatened tariffs won't hurt China. They'll goad the EU to retaliate and could spark a global trade war that won't end well for anyone.

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