Patricia Cohen
Global Economics Correspondent for the New York Times and based in London.
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- If you want to understand Trump's governing style, forget James Monroe, Metternich or Machiavelli. Think Henry VIII and Emperor Charles V. www.nytimes.com/2026/02/04/b...
- How the White House is doctoring photos to spread disinformation and smear citizens. www.nytimes.com/2026/02/03/u...
- The Global Economy’s Warning Signals Are Kerflooey.....it's as if everyone were to start speeding up at a flashing light instead of slowing down. www.nytimes.com/2026/02/03/b...
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- Reposted by Patricia CohenI wrote this song on Saturday, recorded it yesterday and released it to you today in response to the state terror being visited on the city of Minneapolis. It’s dedicated to the people of Minneapolis, our innocent immigrant neighbors and in memory of Alex Pretti and Renee Good. Stay free
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- My latest -- Record Debt in the World’s Richest Nations Threatens Global Growth www.nytimes.com/2026/01/27/b...
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- Reposted by Patricia CohenVideos verified by The New York Times show the man federal agents shot and killed in Minneapolis on Saturday was holding a phone, not a gun, before the agents took him to the ground and shot him. At least 10 shots appear to have been fired within five seconds. www.nytimes.com/interactive/...
- Reposted by Patricia CohenYou have to read this. Firsthand affidavit from one of the women who was there and recording the video. She talks about how Alex Pretti was directing traffic when she arrived. She watched him be killed in front of her. She's afraid to go home, worried she'll be arrested.
- JUST IN: Lawyers file declaration in federal court from first-hand witness to immigration agents' shooting of a US citizen onlookers today. Minneapolis Mayor Frey said details would be used to bolster case for ousting ICE from city. Doc: www.documentcloud.org/documents/26...
- Reposted by Patricia CohenAlso, may I say that I don’t agree with people saying ICE and CBP need “more training.” They’re doing exactly what this administration has trained them to—impose a reign of fear in blue cities. They don’t need more training. They need to be ripped up root and branch.
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- The Coming Trump Crackup www.nytimes.com/2026/01/23/o...
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- When it comes to the economy, are the Europeans sometimes their own worst enemy? The newly signed trade pact between the EU and South American is derailed. www.nytimes.com/2026/01/21/u...
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- While Europe tries to extend an era of cooperation, Trump has show he prefers coercion. www.nytimes.com/2026/01/09/b...
- There's a much higher degree of risk in the global economy and financial system than is usual. www.nytimes.com/2025/11/25/b...
- Every country is Europe is facing the challenge of building up their armies. A Draft or Volunteers? www.nytimes.com/2025/11/24/b...
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- Would Elon Musk Work Harder for $1 Trillion Than $1 Billion? ... Yale researchers found Musk's polarizing behavior caused Tesla sales to drop 67-83% -- equivalent to 1-1.26 million more vehicles. www.nytimes.com/2025/11/06/b...
- Are Wealth Taxes the Best Way -- or maybe the only way to Tax the Ultra Rich? My latest. www.nytimes.com/2025/10/31/b...
- My latest on how Trump’s trade war with China catches the world in its crossfire www.nytimes.com/2025/10/14/b...
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- Will bigger defense budgets will create meaningful, long-term economic growth or mostly pump up the stocks of weapons manufacturers? Here's what makes the difference. www.nytimes.com/2025/08/27/b...
- “I don’t know how to put a business plan together that makes any sense to anyone.” www.nytimes.com/2025/08/11/b...
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- Soviet era joke: Yuri asks: Why hasn’t the plane taken off yet? Dmitri says: an hour ago the pilot announced that they needed to replace a burned out engine before he could take off, but it’s OK now. Yuri: in just one hour they were able to replace the engine? Dmitri: No, they replaced the pilot!
- Trade Fueled Inequality. Can Trump’s Tariffs Reduce It? www.nytimes.com/2025/08/02/b...
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- My latest: Trade Fueled Inequality. Can Trump’s Tariffs Reduce It? www.nytimes.com/2025/08/02/b...
- My latest on what China could do to relieve the debt crisis: As Debt Piles Up, Countries See Fiscal Relief as Political Leverage www.nytimes.com/2025/07/01/b...
- Is it a negotiating tactic, a credible threat or a howl of rage?Trump's threatened 50 percent tariff on the EU www.nytimes.com/2025/05/24/b...
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- Trump’s 10% tariffs were once treated as a worst-case scenario. Now it would be considered a best-case. www.nytimes.com/2025/04/16/b...
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- Good explanation: The Trump White House Cited My Research to Justify Tariffs. They Got It All Wrong. www.nytimes.com/2025/04/07/o...
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- Although Mr. Trump recently called Lesotho a country that “nobody has ever heard of,” his own Trump-branded Greg Norman golf shirts feature labels that say “Made in Lesotho.”..Lesotho is hit with the biggest tariff of all - 50% www.nytimes.com/2025/04/05/b...
- "The U.S. dollar is weaker today against every currency of the Group of 10 nations, which includes the Euro, the British Pound and the Australian Dollar."
- "Many of Trump’s wealthiest backers are losing a fortune in the market today. Stephen Schwarzman is down more than $3 billion on shares of Blackstone, the asset manager that he runs, while Elon Musk’s Tesla shares have shed more than $6 billion."
- President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing. www.nytimes.com/2025/04/03/b...
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- Cordell Hull won a Nobel prize for pushing the idea that commercial ties would bind countries together and less conflict. Trump has turned this theory on its head. Instead of focusing on the shared interests that economic ties generated, he's exploiting the vulnerabilities they can create.
- Relying on coercion instead of coercion, Trump's policies “will undermine U.S. economic security in the long term.” www.nytimes.com/2025/04/03/b...
- /6....They did. And after four months, the surcharge was lifted. What was notable about the 1971 episode, is that there was a specific purpose and goal, unlike today.
- /5...The Nixon administration’s 10 percent surcharge on imports was meant to pressure other countries to devalue their own currencies and to goose American exports, while making imports more expensive. When the unfair exchange rates ended, the president declared, “the import tax will end as well.”
- 4/..That, in turn, made American goods sold abroad more expensive compared with imports. The United States had too much money going out and not enough coming in, raising the risk that America could run out of reserves to pay its foreign debts....
- 3/..and many of the world’s currencies were exchanged at fixed rates. Currencies now move largely because of market forces. By the start of the 1970s, those inflexible rules had left the dollar overvalued compared with the currencies of many key U.S. trading partners. ...
- 2/ ..Nixon, an ardent internationalist, was operating in a global economy very different from today’s. Many of the defining features of the system created after World War II still governed finance: Foreign governments could immediately trade their dollars into gold from the U.S. Treasury......
- A lot of people are talking about devastating Smoot-Hawlet tariffs of the 1930s. But there is another relevant example, says Doug Irwin, an economics professor at Dartmouth College. In 1971, President Richard M. Nixon levied a 10 percent surcharge on all taxable imports........
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