America's president-elect wants to reshape trade, capital and labour flows

Plans for trade tariffs, deregulation, and mass deportations will have huge repercussions on industries like finance, oil, and manufacturing. Meanwhile, the deficit is set to balloon.

With more influence than heads of state, the chair of the US Federal Reserve has received both praise and criticism since taking over. If job growth stays strong and inflation hits 2%, he won't care.

Donald Trump will not be happy but Kamala Harris could benefit from this week's decision along with borrowers, consumers, and investors

Unusual selloffs, concern about jobs, and questions over interest rates led to a recent global panic, with some big firms losing $300bn overnight. Then the world righted itself. What does it tell us?

It is not entering recession, but it is slowing down. That is bad news for Kamala Harris

Opposition would come from all angles.

The Democrat can point to achievements in office, including success on jobs and inflation. Inward investment is up and Chinese imports are down, but will any of that matter at the ballot box?

The canny marketing of imports from vodka to basketballs transformed the US-China trade relationship

But there are still pitfalls ahead