Finance & economics | Reducing carbon emissions
Can fuel-economy standards save the climate?
A fuel tax is a more efficient way to reduce emissions from vehicles than fuel-economy standards
Bond-market convulsions look extremely dangerous
Treasury yields and other signs of stress are flashing red
America’s tariffs are the worst policy shock in trade history
Reed Smoot, eat your heart out
As Trump’s tariffs take effect, the rest of the world seeks mercy
Countries are offering gifts to the American president. Their efforts will now multiply
Why China thinks it might win a trade war with Trump
The country’s officials vow to “fight to the end”
Where real danger might lurk in chaotic markets
The worry is that wild swings could cause their own damage
Market carnage goes global
As stockmarkets plunge, Donald Trump seems untroubled. That is scary