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Donald Trump’s car tariffs would hit Eastern Europe

Germany may be the biggest likely victim of any punitive US tariffs on car imports, but the industry’s complex geography means other European countries would also be hurt – and in relative terms, some may take an even bigger hit. Two of them, Italy and Hungary, are run by populist governments with leaders well-disposed towards President Donald Trump. Eight of ...

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Sainsbury should scrap Asda deal

Sasda is looking more like Sad-sda after UK regulators said they could block the proposed combination of J Sainsbury Plc and Walmart Inc.’s British subsidiary, Asda. The Competition and Markets Authority’s (CMA) findings are more onerous than even the worst case scenarios that the two companies or financial analysts had mapped out. But they do have a silver lining for ...

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Brexiters should give up Singapore-on-Thames fantasy

Many pro-Brexit Brits are taken with the idea that the UK doesn’t need to belong to a large bloc any more than its tiny former colony Singapore does. The Southeast Asian city-state, they argue, has flourished by lowering taxes and opening up its economy to trade and investment, and so can a post-Europe Britain. Those excited about the prospects for ...

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