Adam Behsudi

Washington, D.C.

Financial Services Editor at POLITICO

Economics/finance news editor @politico. Previously @imfnews. Before that, reporter covering intl. trade. RTs ≠ endorsements. Contact me: [email protected]

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Articles

‘Frozen out’: Trade hawk Lighthizer unlikely to return for Trump’s second term

Dec 3, 2024 | politico.com | Gavin Bade |Adam Behsudi |Ari Hawkins

Robert Lighthizer was the architect of Trump’s paradigm-shifting first term trade agenda. Trump passed over his former trade representative for the two Cabinet posts he most wanted — Treasury or Commerce secretary. | Anna Moneymaker-Pool/Getty Images Robert Lighthizer, the former U.S. trade chief, is unlikely to rejoin the Trump administration in an official capacity, say five people with knowledge of his plans and personnel conversations within the presidential transition.
‘Frozen out’: Trade hawk Lighthizer unlikely to return for Trump’s second term

Dec 3, 2024 | yahoo.com | Gavin Bade |Adam Behsudi |Ari Hawkins

Robert Lighthizer, the former U.S. trade chief, is unlikely to rejoin the Trump administration in an official capacity, say five people with knowledge of his plans and personnel conversations within the presidential transition. It is a bitter blow to protectionists and a sign of the fluidity in Trump’s political camp that someone as respected and trusted as Lighthizer could be cast aside.
Developing world grapples with Trump — and Harris — protectionism

Oct 25, 2024 | msn.com | Adam Behsudi

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Developing world grapples with Trump - and Harris - protectionism

Oct 25, 2024 | yahoo.com | Adam Behsudi

Donald Trump’s aggressive protectionism could have dire consequences for world trade. But Kamala Harris has a similar goal: protect U.S. workers at all costs. Harris is likely to embrace President Joe Biden's U.S.-centric approach, including industrial policy, which has reversed decades of practice by elevating the interests of Rust Belt states like Pennsylvania and Michigan.
'We are bystanders': Poor countries brace for either US election outcome

Oct 25, 2024 | politico.com | Adam Behsudi

“We are bystanders to this all-important election. There’s a reversal of globalization, of trade. There’s a move to protectionism in these countries,” Nigerian Finance Minister Adebayo Olawale Edun said at a press conference.
Global finance world ‘nervous as heck’ on eve of US election

Oct 21, 2024 | politico.com | Adam Behsudi |Victoria Guida |Sam Sutton

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. The timing for this year’s International Monetary Fund and World Bank annual meetings couldn’t be more precarious.
When trade deficits matter

May 3, 2024 | politico.com | Adam Behsudi |Zachary Warmbrodt

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Economists are quick to point out the fallacy of the trade deficit as a definitive indicator of economic health.
Seizing Russia’s money: The promise and the peril

Feb 26, 2024 | politico.com | Adam Behsudi |Zachary Warmbrodt

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. One big prize remains in the West’s efforts to punish Russia: using the nearly $300 billion in Russian state assets that have been frozen in other countries to help Ukraine.
Economic reality collides with industrial policy

Dec 20, 2023 | politico.com | Adam Behsudi |Zachary Warmbrodt

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. U.S. Steel’s decision to sell itself to Japan’s Nippon Steel may make a lot of business sense.
Powell’s newest communication problem

Dec 18, 2023 | politico.com | Adam Behsudi |Zachary Warmbrodt

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. The stock market shot up. Global bond markets rallied. Wall Street thought Christmas had come early this year after Fed policymakers forecasted three rate cuts in 2024.