The Age of Tariffs
Diana Nunuț
The era of increasingly free and extensive international trade, built upon a rules-based system that the United States helped create, has drawn to an abrupt end. On April 2, in a theatrical White House event, U.S. President Donald Trump rolled out a series of massive tariffs that will affect almost every foreign country. In one sense, his announcement wasn’t a surprise: from the moment he took office, businesses and financial analysts knew that Trump would raise trade barriers. But the scale
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