If President Donald Trump’s pronouncements are to be believed, the North American Free Trade Agreement (Nafta) between the US, Canada and Mexico will soon be replaced by a bilateral US-Mexico trade agreement, presumably with a US-Canada agreement to follow. The actual changes to US-Mexico trade rules don’t look very substantial. The new agreement essentially implements a partial minimum wage for ...

The difficulties for emerging markets have entered a new phase. What were once clearly country-specific crises, well contained within their borders, are bleeding across the world. To stem the slide in its currency Argentina raised its key rate to a whopping 60 percent last week, but the peso was still 30 percent weaker. Though Turkey is no closer to solving ...

Donald Trump is the most powerful person in the world, and he has a loud megaphone. One word or tweet from him can move markets, or galvanize rage against a person or institution. Yet Amazon.com Inc. stayed quiet when the US president said the company crushes small businesses, may be violating anti-monopoly laws, dodges taxes and takes advantage of the ...