President Donald Trump’s unexpected call to remove all trade barriers didn’t gain much traction with other Group of Seven (G-7) leaders, perhaps because they were fuming about the US president’s behaviour during the summit in Canada this weekend. But a partial implementation of the idea would be a good way to defuse the brewing trade war without preventing nations from ...

China’s huge bet on new-energy vehicles has understandably gotten the world’s attention. But a less flashy phenomenon now underway may be at least as consequential for the environment in the near term: China is finally getting into used cars. A familiar ritual in most nations, buying vehicles secondhand had until recently been all but unknown in China. In most markets, ...

The cleverest corporate strategies can come unstuck when they meet reality. That may include the ambitious plan hatched by Japan’s Takeda Pharmaceuticals Co. to buy the British drugmaker Shire Plc. This deal has got off to a bad start, and bad starts are often inauspicious in M&A. Takeda’s stock fell 16 percent between its interest in Shire emerging and the ...