Global stocks rebounded on optimism that maybe cooler heads will prevail before the trade wars get out of hand. That optimism is likely to be short-lived. Investors should not only expect to be buffeted repeatedly by tit-for-tat measures by the US and China, but by global trade disputes on two other major fronts. Such pessimism on the part of investors ...

First China. Now India? In recent months, President Donald Trump has made clear that the trade war will reach beyond the People’s Republic. Not only has he threatened Japan and Europe with import duties on cars, he’s repeatedly blasted India as “the tariff king.” Trump has obsessed over the Asian giant’s high levies on Harley-Davidson motorcycles and complained about its ...

There’s a jarring disconnect at the heart of Australia’s 28-year economic miracle. The direction of the central bank’s latest forecasts has been clear: Estimates for the pace of growth were axed to 1.75 percent in the year to June 30, compared with 2.5 percent anticipated just three months earlier. Inflation, hovering below target since 2015, won’t climb back to the ...