Senior Writer for Economics, Bloomberg News. Ex FT. Aussie. Red Sox nation. Opinions mine alone. Reposts not endorsements. sdonnan@bloomberg.nethttps://bsky.app/profile/sdonnan.bsky.socialhttps://bsky.app/profile/sdonnan.bsky.social/post/3mrnr7rbrck2qI've spent a lot of time recently travelling to talk and think about tin cans... And tariffs and tin cans... Here's what I came up with for the upcoming economics issue of Bloomberg Markets magazine. https://www.bloomberg.com/news/features/2026-07-26/how-trump-s-steel-tariffs-impact-america-s-tin-can-industry?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NTE4NTAwNCwiZXhwIjoxNzg1Nzg5ODA0LCJhcnRpY2xlSWQiOiJUSVNWT01LR0lGUEUwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.2aQvETeo1aK_Q1FGyQkeMDFwJO3S5P_D00dJ4PpW6gc27 Jul 2026 20:44 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mrnr7rbrck2qhttps://bsky.app/profile/sdonnan.bsky.social/post/3mrnr7rbrck2qI've spent a lot of time recently travelling to talk and think about tin cans... And tariffs and tin cans... Here's what I came up with for the upcoming economics issue of Bloomberg Markets magazine. https://www.bloomberg.com/news/features/2026-07-26/how-trump-s-steel-tariffs-impact-america-s-tin-can-industry?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NTE4NTAwNCwiZXhwIjoxNzg1Nzg5ODA0LCJhcnRpY2xlSWQiOiJUSVNWT01LR0lGUEUwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.2aQvETeo1aK_Q1FGyQkeMDFwJO3S5P_D00dJ4PpW6gc27 Jul 2026 20:44 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mrnr7rbrck2qhttps://bsky.app/profile/sdonnan.bsky.social/post/3mjoue4m2pc2sI sat down with my boss Stephanie Flanders & David Gura for the Bloomberg News Big Take podcast to discuss the gloom and doom at this week's spring meetings of the IMF & World Bank and why everyone is worried about the economic fallout of the Iran war... https://www.bloomberg.com/news/audio/2026-04-16/big-take-notes-from-the-imf-world-bank-meetings-podcast17 Apr 2026 11:52 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mjoue4m2pc2shttps://bsky.app/profile/sdonnan.bsky.social/post/3mjeyzisi6c2oWar and the economic consequences have been top of mind the past 6 weeks. But we’re not thinking enough about the world’s capacity to respond to another crisis. The bad news is that the safety net is looking threadbare. Latest with @bloomberg.com colleagues: https://www.bloomberg.com/news/features/2026-04-12/imf-world-bank-to-meet-in-dc-this-week-as-iran-shock-looms?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NjA4ODAyNiwiZXhwIjoxNzc2NjkyODI2LCJhcnRpY2xlSWQiOiJURERRTzlLSVVQVEEwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.Yp0AUURDoawRAphcRsrMAzPKQJ2F-4yZ44b6dlj4vHQ13 Apr 2026 13:49 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mjeyzisi6c2ohttps://bsky.app/profile/sdonnan.bsky.social/post/3mh6r3rkxb22vTariffs and elections have historically been a toxic mix for US presidents. Is this year going to see history repeat itself? Gift link to my latest for @bloomberg.com & @businessweek.bsky.social: https://www.bloomberg.com/news/articles/2026-03-16/iran-war-will-be-eclipsed-by-trump-s-tariffs-come-midterms?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3MzY3NDMyMywiZXhwIjoxNzc0Mjc5MTIzLCJhcnRpY2xlSWQiOiJUQlpMNDVLR0lGWlkwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.a-sTpbOAHcD0cviUgSDQBG6CZ7C8ea7MM2e0-9VTWK416 Mar 2026 15:20 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mh6r3rkxb22vhttps://bsky.app/profile/sdonnan.bsky.social/post/3mh6r3rkxb22vTariffs and elections have historically been a toxic mix for US presidents. Is this year going to see history repeat itself? Gift link to my latest for @bloomberg.com & @businessweek.bsky.social: https://www.bloomberg.com/news/articles/2026-03-16/iran-war-will-be-eclipsed-by-trump-s-tariffs-come-midterms?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3MzY3NDMyMywiZXhwIjoxNzc0Mjc5MTIzLCJhcnRpY2xlSWQiOiJUQlpMNDVLR0lGWlkwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.a-sTpbOAHcD0cviUgSDQBG6CZ7C8ea7MM2e0-9VTWK416 Mar 2026 15:20 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mh6r3rkxb22vhttps://bsky.app/profile/sdonnan.bsky.social/post/3mfics7ibxs2vWe should be talking more about the fact the president of the world’s largest economy just declared it’s facing a payments crisis. Once, that would have caused turmoil in financial markets. Now it’s just another reason for tariffs. My latest for @bloomberg.com: https://www.bloomberg.com/news/articles/2026-02-22/trump-pegs-new-tariffs-to-a-payments-crisis-experts-doubt-exists?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3MTgwMzU5MSwiZXhwIjoxNzcyNDA4MzkxLCJhcnRpY2xlSWQiOiJUQVZOV1dLSkg2VjYwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.4Pt1n145uxF4x5KdpNAtUUc6t1HLWHqEelpbEwITCXs22 Feb 2026 23:41 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mfics7ibxs2vhttps://bsky.app/profile/sdonnan.bsky.social/post/3mdncu3csdk2rTrump’s immigration policies mean the US is flirting with a historic milestone: The first population decline in its history. My latest Weekend Essay for @bloomberg.com: https://www.bloomberg.com/news/articles/2026-01-30/trump-immigration-crackdown-could-shrink-us-population-for-first-time?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2OTc3NjM5OCwiZXhwIjoxNzcwMzgxMTk4LCJhcnRpY2xlSWQiOiJUOU85NkZLR0NURkwwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.7VmlsRIieKDe22iibqG4PRi8DbzhoLuDzM6hkGXMDJg30 Jan 2026 12:35 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mdncu3csdk2rhttps://bsky.app/profile/sdonnan.bsky.social/post/3mdncu3csdk2rTrump’s immigration policies mean the US is flirting with a historic milestone: The first population decline in its history. My latest Weekend Essay for @bloomberg.com: https://www.bloomberg.com/news/articles/2026-01-30/trump-immigration-crackdown-could-shrink-us-population-for-first-time?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2OTc3NjM5OCwiZXhwIjoxNzcwMzgxMTk4LCJhcnRpY2xlSWQiOiJUOU85NkZLR0NURkwwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.7VmlsRIieKDe22iibqG4PRi8DbzhoLuDzM6hkGXMDJg30 Jan 2026 12:35 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mdncu3csdk2rhttps://bsky.app/profile/sdonnan.bsky.social/post/3mc7yoilhlk2pThe US and China are flipping the script. As the US tries to bring factories home, China Inc is stepping into the vacuum, investing in new production outside China. My latest @bloomberg.com Big Take with help from colleagues around the world. https://www.bloomberg.com/news/features/2026-01-11/us-china-capital-flows-reverse-as-global-economic-order-shifts?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2ODIxODc1OCwiZXhwIjoxNzY4ODIzNTU4LCJhcnRpY2xlSWQiOiJUOFBaU0hLR1pBSkIwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.J_jUJwPK4vhYERAOt4uTTGXhBcCAdVxLeO0FFhax0l412 Jan 2026 12:03 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mc7yoilhlk2phttps://bsky.app/profile/sdonnan.bsky.social/post/3mc7yoilhlk2pThe US and China are flipping the script. As the US tries to bring factories home, China Inc is stepping into the vacuum, investing in new production outside China. My latest @bloomberg.com Big Take with help from colleagues around the world. https://www.bloomberg.com/news/features/2026-01-11/us-china-capital-flows-reverse-as-global-economic-order-shifts?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2ODIxODc1OCwiZXhwIjoxNzY4ODIzNTU4LCJhcnRpY2xlSWQiOiJUOFBaU0hLR1pBSkIwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.J_jUJwPK4vhYERAOt4uTTGXhBcCAdVxLeO0FFhax0l412 Jan 2026 12:03 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3mc7yoilhlk2phttps://bsky.app/profile/sdonnan.bsky.social/post/3m6hqj3khqs25Trump keeps hailing an investment boom that he says is set to top $21 trillion in pledges from companies & countries. But as we write in today's @bloomberg.com Big Take the reality is a third of that. And even that $7 trillion faces major questions. https://www.bloomberg.com/graphics/2025-trump-investment-boom-trillions/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2NDA4NzQzNCwiZXhwIjoxNzY0NjkyMjM0LCJhcnRpY2xlSWQiOiJUNjk1RjlLR1pBTUUwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.J-C1grUd8s7BCcYiMP8v_FGGobm2CfRL-ngjmQo_YBk25 Nov 2025 16:17 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m6hqj3khqs25https://bsky.app/profile/sdonnan.bsky.social/post/3m6hqj3khqs25Trump keeps hailing an investment boom that he says is set to top $21 trillion in pledges from companies & countries. But as we write in today's @bloomberg.com Big Take the reality is a third of that. And even that $7 trillion faces major questions. https://www.bloomberg.com/graphics/2025-trump-investment-boom-trillions/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2NDA4NzQzNCwiZXhwIjoxNzY0NjkyMjM0LCJhcnRpY2xlSWQiOiJUNjk1RjlLR1pBTUUwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.J-C1grUd8s7BCcYiMP8v_FGGobm2CfRL-ngjmQo_YBk25 Nov 2025 16:17 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m6hqj3khqs25https://bsky.app/profile/sdonnan.bsky.social/post/3m5msdc34fc26What happens when Trump’s trade wars hit a family-owned North Carolina sawmill. I took a roadtrip recently for @davidgura.bsky.social’s @bloomberg.com Big Take podcast. https://www.bloomberg.com/news/audio/2025-11-14/big-take-how-trump-tariffs-ended-a-small-town-sawmill-podcast14 Nov 2025 23:08 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m5msdc34fc26https://bsky.app/profile/sdonnan.bsky.social/post/3m5msdc34fc26What happens when Trump’s trade wars hit a family-owned North Carolina sawmill. I took a roadtrip recently for @davidgura.bsky.social’s @bloomberg.com Big Take podcast. https://www.bloomberg.com/news/audio/2025-11-14/big-take-how-trump-tariffs-ended-a-small-town-sawmill-podcast14 Nov 2025 23:08 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m5msdc34fc26https://bsky.app/profile/sdonnan.bsky.social/post/3m46hy6zai22fWelcome to the choose-your-own-adventure economy. My latest for the @bloomberg.com Supply Lines newsletter on what this past weekend told us about the plot lines in this global economy. And why they all look fraught… https://www.bloomberg.com/news/newsletters/2025-10-27/trade-war-latest-us-china-trade-war?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2MTU3MDAyNywiZXhwIjoxNzYyMTc0ODI3LCJhcnRpY2xlSWQiOiJUNFNIQzFHUFFRN08wMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.8ArhXVjJOjEDNnNGii_MPo_gEB8Z8kOT2HLrAlulbfM27 Oct 2025 13:00 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m46hy6zai22fhttps://bsky.app/profile/sdonnan.bsky.social/post/3m46hy6zai22fWelcome to the choose-your-own-adventure economy. My latest for the @bloomberg.com Supply Lines newsletter on what this past weekend told us about the plot lines in this global economy. And why they all look fraught… https://www.bloomberg.com/news/newsletters/2025-10-27/trade-war-latest-us-china-trade-war?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2MTU3MDAyNywiZXhwIjoxNzYyMTc0ODI3LCJhcnRpY2xlSWQiOiJUNFNIQzFHUFFRN08wMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.8ArhXVjJOjEDNnNGii_MPo_gEB8Z8kOT2HLrAlulbfM27 Oct 2025 13:00 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m46hy6zai22fhttps://bsky.app/profile/sdonnan.bsky.social/post/3m3x6qyx3m22nThe AI boom is propping up the US economy. It's also gobbling up all the people, power & capital. One consequence: It's impeding the manufacturing renaissance Trump wants. For @bloomberg.com with the great Brooke Sutherland, Mark Niquette & Alex Tanzi. https://www.bloomberg.com/news/features/2025-10-24/ai-data-center-boom-threatens-trump-s-manufacturing-revival?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2MTMxOTU1MSwiZXhwIjoxNzYxOTI0MzUxLCJhcnRpY2xlSWQiOiJUNE1SU0NHUFFRQUowMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.xng3u9i1EmwQnZ2UkCN5rF8qamDkFDLthbcHn15DzaE24 Oct 2025 15:26 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m3x6qyx3m22nhttps://bsky.app/profile/sdonnan.bsky.social/post/3m3xph6r6yc2b"Trump’s views on China have a remarkably consistent thread running through them: He’s often the contrarian in the room pushing back against advisers urging him to crack down on an existential rival." My @bloomberg.com Weekend Essay on why Trump's no China hawk. https://www.bloomberg.com/news/articles/2025-10-24/trump-s-real-china-strategy-is-doing-deals-not-decoupling?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2MTMzNzUwNiwiZXhwIjoxNzYxOTQyMzA2LCJhcnRpY2xlSWQiOiJUNE1NODlHUEZJMVgwMCIsImJjb25uZWN0SWQiOiI2NTI4REQ5RTU2RTM0NjcyOEM1NEMwNDIzREJCRDAyNSJ9.LBvFs73HJMBXw90nbwVccdjUkWE2wu6sMuFh5c6VGpU24 Oct 2025 20:25 +0000at://did:plc:rmjxespnbbugw5ibvj2ip7ct/app.bsky.feed.post/3m3xph6r6yc2b