In 1917, British analysts deciphered a coded message the German foreign minister sent to one of his country’s diplomats vowing to begin “unrestricted submarine warfare” and seeking to win over Mexico with a promise to “reconquer the lost territory in Texas, New Mexico and Arizona” if the US entered the world war. When it became public, the Zimmerman Telegram caused a sensation, helping propel the US into the conflict against Germany.
Trump tariffs to push down U.S. growth ‘a great deal’ going into 2026, Morgan Stanley warns
Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter.