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Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU. AP Photo/Jeff Chiu

Why trade wars can be perilous: 5 essential reads

Trump has started a trade war with China and much of the world. Here’s what you need to know.
Stacks of used clothing are seen in this African warehouse. The U.S. is retaliating against countries that are restricting the import of American used clothing, a marginal industry for the U.S. but a critical one for some African nations. (Shutterstock)

America’s petty policy on used clothes for Africa

The top U.S. foreign policy goals in Africa evidently no longer relate to human rights or democratic freedoms, but to protecting tiny, marginal American industries.
if you like to drink (or sell) German beer, higher rates are a wonderful thing. Matthias Schrader/AP Photo

Why higher interest rates should make you happy

While borrowers may not be thrilled by the Federal Reserve’s decision to raise rates, many of us have plenty of reason to celebrate.

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