As Chancellor Rachel Reeves treads a delicate path in Washington, Britain finds itself caught between diplomacy and hard economics — will tariff relief be enough to steady the ship? Meanwhile, Apple’s dramatic pivot to India signals just how deeply Trump’s sweeping trade war is reshaping global business. Could a world less reliant on Beijing ultimately emerge stronger — or simply more fragmented? And with the IMF slashing global growth forecasts, are we witnessing the first signs of a smaller, slower, more isolated future? CapX’s deputy editor Joseph Dinnage is joined by James Boys from UCL and commentator Matthew Stadlen to map the risks, the opportunities, and the new world order taking shape.

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