The president thinks he can return America to manufacturing glory — but the cycles of economic history are hard to break.

The Irish government expects domestic economy to expand by 2.5% this year, down from an earlier forecast of 2.9%.

If the US president moderates his tariff war against China, or if value networks find ways of “ China-washing ” exports to the US via third countries, the same can happen in reverse. Only if Trump is determined to keep ratcheting up protection to stop imports will trade and the economy fail to recover.

The United States and Britain are expected to announce a trade deal that will lower the burden of President Donald Trump’s sweeping tariffs

The United States and Britain are expected to announce a trade deal on Thursday that would lower the burden of President Donald Trump’s sweeping tariffs, delivering a political victory for U.K. Prime Minister Keir Starmer that Trump can also use to validate his turbulent approach to the international economy.