America

Giorgia Meloni met Donald Trump in the White House on Thursday and stated her ambition to ‘make the West great again’. The Italian prime minister is closer to the Trump administration than any other Western European leader, and later today in Rome she will host J.D. Vance. The American vice-president could be described as Meloni’s ideological soulmate, and it was noteworthy that when Meloni spoke of her ambition to reinvigorate the West she added: “When I speak about (the) West mainly, I don’t speak about geographical space. I speak about the civilisation, and I want to make that civilisation stronger.” This will be music to the ears of Vance This

We are about to see how significant a politician Giorgia Meloni really is after she arrived in Washington yesterday evening for bilateral talks today with Donald Trump. Tariffs will be top of the agenda but they are also expected to talk about Ukraine. She then flies immediately back to Rome to meet Vice President J.D. Vance – a Catholic – on Friday, who is in Rome for Easter hoping to meet the Pope as well. Certainly, Meloni is the one leader of a major EU country Trump enjoys seeing Italy’s first female prime minister travels to Washington bearing the cross of the EU on her small but sturdy shoulders. For

Forget whisky, cars or chemicals. The real blow to the British economy from President Trump’s determination to impose steep tariffs on everything the United States imports from the rest of the world is still to come. Over the next few days, Trump plans to unveil levies on pharmaceuticals. And if the UK can’t find a way of carving out an exemption from that, it will do huge damage to us at the worst possible moment.  For the moment, drugs are exempt from the 10 per cent blanket tariff on US imports, and the higher country-specific levies. That will change in the next few days, with President Trump promising to add

A ‘black swan event’, as defined by the risk analyst Nassim Nicholas Taleb in 2007, is a surprise occurrence that has a major impact on the global financial system and is rationalised after the fact as something that ought to have been expected all along. The 9/11 terror attacks are one example, the Covid pandemic another – shocks that rocked the world and made us wonder if freedom works. Since Wednesday last week, however, the gods of the marketplace have been wrestling with a new and more mind-boggling creature: the ‘orange swan’, a cataclysmic Donald Trump-induced happening that is at once entirely predictable and baffling, an event that is rationalised

When Donald Trump unveiled his table of tariffs in Washington last week, there was one country that was conspicuously absent from his list: Russia. The White House’s argument was that there was no point slapping tariffs on trade with Moscow because the existing sanctions in place against it meant there was negligible bilateral trade going on between the two countries. Despite this, the global trade war that has erupted will still impact Russia, threatening to undermine Moscow’s economic stability, stifle its already slowing growth and amplify its strategic dependence on Beijing. Trump’s trade realignments will further marginalise Russia as an energy supplier The White House’s justification for excluding Russia from

The UK should have been doing everything possible to secure an exemption from Trump’s tariffs. We could have scrapped the digital services tax that is largely levied on the American tech giants. We could have opened our agricultural markets – even to chlorinated chicken. Heck, we could have offered President Trump his own apartment in Buckingham Palace, given how much he loves the royal family. This was the opportunity of the decade – but the Starmer government has already blown it. We will find out the full extent of the tariffs Trump plans to levy on all of America’s main trading partners tomorrow on what he has oddly termed ‘Liberation

J.D. Vance is just about the least popular conservative in Britain right now. The US Vice President’s treatment of Volodymyr Zelensky, and more recent leaked text messages discussing strikes on Yemen, have left Vance mired in scandal. Even in America, home of the MAGA movement, he is among the most disliked veeps in history, at least at this early stage in his term. So it’s no wonder that last week Vance tried to move back onto his home turf and the issues for which he first became famous as a writer: the impact of globalisation on the American working class. In a room full of tech entrepreneurs, his championship of

This is an extract from today’s episode of Spectator TV, with Freddy Gray and Ben Domenech, which you can find at the bottom of this page: Freddy Gray (FG): America is – to use [Vice President J.D.] Vance’s words – bailing out Europe again, and [Defense Secretary] Pete Hegseth says ‘yes – it’s pathetic’ in capital letters. That clearly shows was they’re thinking about foreign policy. What did you read into it? Ben Domenech (BD): I think you’re completely right to highlight that potion because it is one of the areas where I think we can gather a bit more about their thinking than we have before… They simply do