Lead story in FT Alphaville

Retail & Consumer industry
The American consumer’s identity crisis

A vibe shift, heralded by a sea of red

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Top stories in FT Alphaville

Global trade
O dirang, Donald?

That’s Sesotho, and this is a post on that Lesotho tariff

Trump tariffs
Why does Trump’s tariff explainer reference a paper it doesn't cite?

And cite a different paper it doesn't reference?

Global Economy
‘Beware a dollar confidence crisis’ — DB

Taking another look at the puzzling greenback puke

Trump tariffs
Trump’s new rules (of origin)

It ain’t where you’re at, it’s where you’re from

Trump tariffs
Wall Street analysts anguish over ‘Liberation Day’

Everyone needs a drink

FTAV’s further reading

Terms of trade and tariff maths; regressive taxes; dissent; subprime lending; infrastructure planning; underspending; immigration; and monkeys with typewriters

Trump tariffs
The stupidest chart you’ll see today

Trade tariffs by Dunning-Kruger

Trump tariffs
Reciprocal tariffs: you won’t believe how they came up with the numbers

There is some method to the madness — it’s just a nonsensical method

Trump tariffs
If times feel uncertain, it’s because they are

No doubt on doubt

Global trade
Here’s what ‘reciprocal tariff’ means

A quick and early look, transcribed from a White House video

Office for National Statistics UK
The ONS vs the Xbox

Wicked games

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