Finance & economics | Sofa so good

America has given China a strangely good tariff deal

For the next 90 days, at least

Scott Bessent gestures during a news conference in Geneva
Photograph: Getty Images
|Hong Kong

After a busy weekend of talks in Geneva, an impatient reporter asked when the results would be announced. Li Chenggang, China’s trade representative, replied with a smile and an old saying: “Good food is never too late.”

the-economist-today
The Economist today

Handpicked stories, in your inbox

A daily newsletter with the best of our journalism

stylized Polish flag with a jagged red line in the top-right corner, resembling a rising chart

Poland: the ignored stockmarket superstar

Why the country’s shares are going gangbusters

A Trump supporter wearing MAGA necklaces at the inauguration of Donald Trump

Why the MAGA economy is thriving

The world’s largest market is becoming two


US President Donald Trump makes a trade announcement in the Oval Office

Trump’s trade deal with Britain will worry allies and rivals alike

Sir Keir Starmer will at least be pleased to have been first


Why Gen X is the real loser generation

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s

Global turmoil has at least one beneficiary: currency traders

The foreign-exchange market has been reinvigorated by recent events