The Economist: The world faces now its worst trade wars since 1930s
A new era of trade wars looms as Donald Trump returns to power, with an aggressive stance on tariffs targeting China and potentially Mexico. His administration aims to leverage high tariffs as negotiation tools, reshaping trade relations. European nations, also wary of China's trade practices, now face dual trade conflicts with China and the U.S. Trump's vision of reindustrialization raises questions about the future of globalization and economic stability.
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From The Economist, published under licence. The original article can be found on www.economist.com
© 2024 The Economist Newspaper Limited. All rights reserved.
The Economist
Donald Trump's re-election accelerates a crisis for globalisation
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