The glass half-full economy has rarely looked so good

Business

The economy

Global economy

Opinion

The glass half-full economy has rarely looked so good Advertisement

Seldom has the middling been the cause of so much relief. Six months after the White House unveiled steep tariffs, the global economy has held up well — mainly by outperforming some doleful projections. There’s been no recession. Forecasts have even been revised up a touch.

Just imagine how things could be humming along without some self-inflicted wounds by the two countries that matter the most.

With all the fears for the world economy over Trump’s tariff regime, company profits and markets have held up better than expected. Credit: Bloomberg

After a few months of positive noises from America and China, relations again soured after Beijing clamped down on exports o