In the fifth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the way American politics is crashing against both the guard-rails of a stable, democratic system and the rules and norms of the postwar economic order. They also consider how this could jeopardise the importance of the US on the worl
Profits are in a tight squeeze as the world's second largest carmaker battles with fierce competition in China, the billion euro cost of switching to electric vehicle production, a stagnant European economy, Donald Trump's tariff war and high labour costs in Germany. The FT's Frankfurt correspondent Patricia Nilsson looks at the unprecedented challenges facing Germany's leading industrial company,