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alanbeattie.bsky.social
Opiner for Financial Times in London. Globalisation, econ, snark. RT≠👍. Views own. [email protected]. Sign up to my FT Trade Secrets newsletter https://subs.ft.com/spa3_tradesecrets?segmentId=357afa03-959c-93ed-0842-58e2115025d4.
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This is pretty devastating. Lutnick admits that tariffs were never about reciprocity, eliminating foreign trade barriers, or negotiating better deals. They just don't like international trade. Period. He even says about imports: "we don't want other people making them."

Towards a Dad Books canon.

You have to admit, it is pretty damn funny that Thames Water granted KKR exclusivity to prepare an equity bid — freezing out the other bidders — and then they ghosted them at the eleventh hour. Detail on that, and more, in this analysis published yesterday on.ft.com/4ksRqa9

Welcome to Europe’s Trumpageddon. Over the next five weeks, the continent must negotiate existential questions over its security, defence and economy with the mercurial US President, as officials fear being forced into a grand bargain that leaves Europe weaker and more vulnerable on.ft.com/3FF7h6g

I... oh my god. amandaguinzburg.substack.com/p/diabolus-e...

You still hear older folk refer to making National Insurance contributions as “paying your stamp”.

It's kind of insane, though by this point entirely understandable, that Trump's threatened FIFTY PER CENT tariffs on steel from TOMORROW and everyone's like "I mean what can we do, it'll happen or it won't".

I guess what @edwardluce.bsky.social is saying here with his usual eloquence is that nobody knows anythi**SHOT RINGS OUT**

My Trade Secrets today. Cheer up, the worst might yet be to come. Donald Trump's tariffs mainly damage the US. If the courts really do block them and/or they don't work and he turns to other things like manipulating the global dollar payments system, it could be far worse. First 300 clicks free.

Scientists are (understandably) so sick of people not listening to them they’re just making ridiculous stuff up.