trade

Far from providing leadership, the USA is increasingly creating friction with allies and alienating itself from countries that don't agree that ratcheting up sanctions against other countries is the best way to go. Add in the decision to recognise Jerusalem as the capital of Israel (and only Israel) and there is an increasing risk that the tables might turn and countries begin to apply sanctions against the USA. If that was to happen, what form could they take and which countries could be caught in the cross-fire?

We continue our look at Theresa May's speech setting out her position and plan for the UK to leave the EU.

Donald Trump is not yet in the White House but he's already flexing his muscles. Already at odds with the State Department, which issued an official apology to China because Trump directly spoke to Taiwan's President, Madam TSAI Ing-wen, he's not only unrepentant but, for a man who has a history of casino ownership, he's doubling down on what might be the biggest gamble of his own Presidency, even though he's not President yet.