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Economy

Tariffs, debt, inflation, and markets: who pays the bill, and when.
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329 pieces
ANALYSIS: The Supreme Court Invalidates Trump Tariffs — A Fragmented Constitutional Victory
Analysis· No. 673

ANALYSIS: The Supreme Court Invalidates Trump Tariffs — A Fragmented Constitutional Victory

On February 20, 2026, the United States Supreme Court rendered a decision of 6 votes to 3 that shook the Trump administration's trade policy:…

EDITORIAL: Water Cannons, Cyanide and Silence — China Torments Philippine Fishermen with Impunity
Editorial· No. 672

EDITORIAL: Water Cannons, Cyanide and Silence — China Torments Philippine Fishermen with Impunity

Somewhere in the South China Sea, a few nautical miles from a rock that an international tribunal confirmed belongs to the exclusive economic zone…

COMMENTARY: Russia running on empty — 53 regions short on fuel, Kyiv hits the refineries
Commentary· No. 655

COMMENTARY: Russia running on empty — 53 regions short on fuel, Kyiv hits the refineries

In June 2026, Russia is experiencing what economic observers are calling the "worst national fuel crisis" since the war began. More than

COMMENTARY: NATO Ankara Summit — "tens of billions" and the 5% GDP target
Commentary· No. 642

COMMENTARY: NATO Ankara Summit — "tens of billions" and the 5% GDP target

On June 25, 2026, Mark Rutte — Secretary General of NATO — took the floor at the Atlantic Council in Washington to

OPEN LETTER: Chinese consumption collapses — the economy that can no longer lie to itself
Open letter· No. 633

OPEN LETTER: Chinese consumption collapses — the economy that can no longer lie to itself

I am writing to you with numbers Beijing would have preferred never to publish. May 2026: Chinese retail sales contracted by 0.6%

ANALYSIS: USMCA Dead on July 1 — Trump Abandons $1.3 Trillion in North American Free Trade
Analysis· No. 597

ANALYSIS: USMCA Dead on July 1 — Trump Abandons $1.3 Trillion in North American Free Trade

On July 1, 2026, the USMCA — United States-Mexico-Canada Agreement, known in French Canada as ACEUM — technically expired without the Trump

TESTIMONY: Section 301 Tariffs on 60 Economies — Trump Launches America's Largest-Ever Trade War
Profile· No. 596

TESTIMONY: Section 301 Tariffs on 60 Economies — Trump Launches America's Largest-Ever Trade War

I must first be honest with you: I am not an importer. I am a columnist. The testimony I am constructing here

ESSAY: Eurosatory 2026 — NATO Unveils Its Autonomous Weapons of the Future, Pilotless Tanks and Drone Carriers
Essay· No. 593

ESSAY: Eurosatory 2026 — NATO Unveils Its Autonomous Weapons of the Future, Pilotless Tanks and Drone Carriers

Every two years, Paris hosts Eurosatory, the largest land defense and security trade show in the world. In June 2026, this unmissable

TESTIMONY: The Day the EU Said "One More Year" — Russian Sanctions Seen from the Inside
Profile· No. 582

TESTIMONY: The Day the EU Said "One More Year" — Russian Sanctions Seen from the Inside

On June 25, 2026, the European Union renewed its economic sanctions against Russia for another year. No ceremony. No historic leader's speech.

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