Trump tariff threat over Canadian smoke raises climate trade concerns
Vera Songwe argues the US-Canada dispute could recast climate damage as a trade and security issue, with wider implications for gl...
By David L. Chen 1 month agoSenior Columnist
David L. Chen
David writes the opinion column on currencies, trade, and the politics of global capital. Formerly an FX strategist in Hong Kong and London.
Latest from David L. Chen
Trump sets 2028 tariff schedule for imported generic medicines
The president said generic drug imports would face no U.S. tariff for two years, then a 100% levy in 2028 and 200% a year later.
By David L. Chen 1 month agoFuel prices remain well above pre-war levels, EIA data show
Econbrowser, citing EIA figures, said gasoline and diesel prices remain more than one-third above pre-war levels despite easing fr...
By David L. Chen 1 month ago
Iran conflict risks widen around Gulf and Red Sea chokepoints
CSIS says US deployments and Iranian proxy preparations could broaden the war, with prediction markets pricing low odds of near-te...
By David L. Chen 1 month agoFuel futures draw focus as refinery constraints tighten product markets
Oil futures rose Friday, while Econbrowser said gasoline and other refined-product prices may be the more relevant market signal.
By David L. Chen 1 month agoAI capex added 0.63 points to first-quarter US GDP growth
Estimates cited by Econbrowser put AI-related investment at a sizable share of the 1.6% annualized quarterly expansion.
By David L. Chen 1 month agoKalshi odds for Hormuz reopening by Sept. 1 fall to 6%
Econbrowser charted Kalshi’s reopening estimate alongside Brent prices, with a NYMEX cash reading at $88 for the July 16 close.
By David L. Chen 1 month agoUS consumer mood improves, but gas prices cloud July reading
Econbrowser says Michigan sentiment kept rebounding through July 13, while inflation expectations and later fuel-price gains may w...
By David L. Chen 1 month ago
China’s second-quarter growth slows to 4.3%, missing expectations
Goldman Sachs said China’s GDP growth weakened in the second quarter as exports failed to offset soft investment, retail spending...
By David L. Chen 1 month ago
US industrial output trails expectations as manufacturing stalls
Industrial production rose 0.1% month on month, below Bloomberg consensus, while manufacturing output was unchanged.
By David L. Chen 1 month agoKim Ruhl urges a strategic rethink of free trade
The former CEA member argues that supply-chain resilience now requires policymakers to weigh efficiency against national-security...
By David L. Chen 1 month ago
Lopes urges development policy to shift from sectors to ecosystems
Carlos Lopes says AI, clean energy and geopolitical fragmentation require a broader model for industrialisation, especially in Afr...
By David L. Chen 1 month ago