MIKE DOLAN, ROI Finance & Markets Columnist: Mary Lovely and Christine Wan of Washington's Peterson Institute examine how U.S. policymakers have made little progress in reducing America's dependence on Chinese-made goods and services, despite years of trying. Although direct trade fell sharply in the seven years through 2024, combined direct and indirect trade — including goods made elsewhere with Chinese components — declined by just 2 percentage points, raising the question of whether the latest round of tariffs will have a similarly limited impact.
CLYDE RUSSELL, ROI Asia Commodities and Energy Columnist: This insightful piece from nonprofit news organisation Dialogue Earth asks whether the Iran war has set back the shift toward green steel. Without giving away the conclusion, it appears that the conflict may be a short-term negative but potentially a longer-term positive.
JAMIE MCGEEVER, ROI Markets Columnist: If elevated U.S. inflation returns to target without tighter monetary or fiscal policy, it would be a minor miracle. Why? Because the U.S. economy is overstimulated and at risk of overheating. This might seem puzzling in light of slowing real GDP, chaotic politics and global conflict, but my ROI colleague Mike Dolan explains why in this compelling column.
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