Shawn Donnan
@sdonnan
Senior writer, Bloomberg @economics. Ex @FT. Aussie. Red Sox nation. Opinions mine alone. RTs not endorsements. [email protected]
I’m here increasingly rarely. Find my more active social self over at @sdonnan.bsky.social
Ripping up the free trade playbook comes with $1 trillion cost bloomberg.com/news/features/… via @sdonnan @emavroeidi @MaevaDebarge @endacurran
When Trump pulled out of the TPP in 2017 he started the process of ripping up the free trade playbook. The combined cost of that & Trump’s tariffs? A global economy that’s $1tn smaller and a US with 690k fewer jobs. The @business Big Take: bloomberg.com/news/features/…
Such a great piece of reporting from @byHeatherLong here. The big takeaway: Even the tariff winners aren’t convinced they are the answer. washingtonpost.com/opinions/2025/…
.@sdonnan Trump's tariffs target US trading ties both big and small @business bloomberg.com/news/newslette…
Joined @MyStephanomics & @johnauthers for the latest @business @economics #Trumponomics podcast to discuss what comes next for Trump’s tariffs. Takeaway: Markets are strangely sanguine about Trump cementing in his tariffs & what will come July 9. bloomberg.com/news/articles/…
The idea that Trump Always Chickens Out (TACO) seems quaint after US attacks on Iran’s nuclear facilities. So if TACO is dead what does that mean for Trump’s trade wars with big deadlines looming? My latest for @business Supply Lines newsletter. bloomberg.com/news/newslette…
US strikes on Iran come at a fragile moment for the global economy bloomberg.com/news/articles/… via @sdonnan @Swatisays
Countries like Cambodia, Lesotho and Mauritius are on the priority list. So striking how few major US trading partners are on this list…
The Trump administration’s early tariff target list includes small trading partners like Fiji and Lesotho as the U.S. looks for quick “template” deals. The U.S. has guarded the list. @Alicia_Diaz23 and I write about it here: bloomberg.com/news/articles/…
US & Chinese officials have been talking for hours today. Does that mean substantive talks? Maybe. Though this is first time they have sat down face to face. They’ve got lots of grievances to air… Team Trump’s goal this weekend 👇👇👇👇👇👇👇👇👇👇👇 bloomberg.com/news/articles/…
China says 60% tariffs, Trump says 80%. Empty shelves and rare earths in the mix. All eyes are on Geneva as @SecScottBessent travels to Switzerland to start talks with the Chinese. Good look at what's at stake from my colleague @sdonnan bloomberg.com/news/articles/…
Team Trump is heading into weekend China talks seeking deescalation & mulling a dramatic cut in tariffs. The issue: Tariffs are so high at 145%+ that even a massive cut won’t stop economic damage. My latest with a battalion of @business colleagues: bloomberg.com/news/articles/…
State and local governments reliant on $1 trillion a year in federal support are preparing for deep budget cuts: bloomberg.com/news/features/… by @thetrough @sdonnan @the_nazmul #muniland
Everyone is focusing on tariffs. But there's another force roiling the US economy & driving a slowdown: A new austerity driven by Trump's federal funding cuts. The great @thetrough, @the_nazmul & I are tracking it for @business & @economics. bloomberg.com/news/features/…
AMERICA'S TOP AUTO IMPORTER: Is @GM! Long gone are the days when an imported car meant a foreign car. No company proves that more than $GM, which imported 1.2 million cars last year, more than @ToyotaMotorCorp & @Hyundai $F $STLA @DavidBakerSF @business bloomberg.com/news/articles/…
States, Cities Face Funding Collapse Threat With Trump Cuts via @the_nazmul @sdonnan @thetrough bloomberg.com/news/features/…
Our analysis, with @sdonnan and @thetrough, shows signs of a pullback in funding under Trump: “The US in February made just $4.3 billion in new, binding funding commitments to state and local governments, a 57.5% decline from the same month a year earlier.”bloomberg.com/news/features/…