Rachana Shanbhog

When the levy doesn’t break: a trade-war world adjusts

Rosie Bloor, Jason Palmer, Rachana Shanbhog, Owen Winter, Lane Green

Markets and investors are reacting to a shift in Donald Trump's protectionist agenda, characterized by broader steel and aluminum tariffs and a predicted trade war with Canada and Mexico that threatens to raise costs without boosting domestic production. Simultaneously, hard-right political parties in Europe have gained significant ground, now securing 24% of the continental vote and breaking post-war voting records in Germany, driven largely by economic insecurity and immigration anxieties. Complementing these geopolitical and economic shifts, new research by Michael Erard debunks cultural myths regarding the significance of first words and deathbed statements, reframing them as products of specific societal expectations and medical realities rather than universal truths.