Max Colchester
@MaximColch
Britain Correspondent for the Wall Street Journal. Covering Politics, National Security and of course Royalty. A tad French.
Great reporting by @mjluxmoore on the story of a middle-class Russian from St. Petersburg who enlisted in the military, was sent into the meat grinder in Voshank, and was ultimately wounded and captured by Ukrainian forces. wsj.com/world/europe/r…
The London Underground is getting hotter and hotter. Across all lines, average temperatures increased by 1 to 3 degrees over 10 years, according to TFL. Part of the problem: undersoil clay acts like an oven. And fans make it hotter. Please carry water... wsj.com/world/the-lond…
Gilts plunging, cost of govt borrowing up steeply. On Richter scale of alarm, this one day move is roughly two-thirds of a Kwarteng on the day of his mini budget
The Pentagon is reviewing a defense pact with the U.K. and Australia, throwing into doubt a strategic partnership that aims to give Australia nuclear-powered submarines and deter China in the region. @MaximColch @RhiannonHoyle wsj.com/world/pentagon…
U.S. and China Agree to Get Geneva Pact Back on Track—Move marks the latest twist in countries’ winding trade war @MaximColch @mccabe_caitlin @Lingling_Wei wsj.com/economy/trade/…
It was diplomatic. It was subtle. But King Charles III delivered a very clear message to Trump: Canada already has a king, and he wants to protect Canada's sovereignty. wsj.com/world/americas… via @WSJ
A statement from British Embassy, Washington:
Europe's center right faces an existential threat from populist upstart parties and it has no idea what to do. One of the biggest political realignments since WWII is underway. With @BBWSJ wsj.com/world/europe/e…
Starmer was watching the Arsenal v PSG match when Trump called him to announce that there was going to be a deal on US tariffs. Clearly this came together very quickly…
Trump and Zelenskyy face-to-face today in the Vatican.
Talks to end the war in Ukraine are stalled, leaving President Trump frustrated and blaming Ukrainian President Volodymyr Zelensky. wsj.com/world/europe/t…
New polling of Canada: As a Canadian, which of the following would you prefer? Rejoin the 🇬🇧 British Empire: 82% Become the 51st state of the 🇺🇸 USA: 18% Source: @J_L_Partners @DailyMail, 1,000 Canadian adults
10-year yields are now *above* where they were going into Liberation Day!
Trump calls his latest tariffs reciprocal measures. Yet the upshot is that, in most cases, Washington is now charging other countries more than what they charge the U.S. wsj.com/economy/trade/… via @WSJ
Trump’s tariff on two small islands sent officials there on a quest to figure out what they sold the U.S. wsj.com/economy/trade/… via @MaximColch and @Mike_Cherney
Mysteriously, the sophisticated investigations into currency manipulation and non-trade barriers resulted in US tariff rates calculated using elementary-school math (and economics): goods trade deficit divided by imports. 👀 wsj.com/livecoverage/t… @anthonydb
One big point amid all the headlines: I was texting with press secretary Karoline Leavitt during the event and she confirms that the 34 percent tariff on China is ON TOP of the previous 20 percent. So that means the rate on China will be *54* percent when these tariffs take…
🚨 BREAKING: The full list of reciprocal tariffs has been released
Potentially a small tariff reprieve for the U.K.? Trump’s team have ginned up a third tariff option for a subset of countries which would be below 20%.
