After six long years and a couple of very severe crises, it should be time to take stock of the strategy. From the most obvious: that the vision is not at all exclusive to trumpism. During Biden’s four-year term of office, it has adjusted, but the Trump tariff strategy has not been reduced at all, which has done nothing but lose the protectionist veneer of its time and increase armor against geopolitical enemies. We can say that it is a “bipartisan meeting point” in the United States. United States And that's what we should start to do.
To take the view that trade wars can be beneficial, in other words, given the evolution of the US economy over the past six years: weighing the impact and consequences of all the circumstances involved, have the tariffs imposed on China, for example, been beneficial? How is it measured? And from the point of view of the other countries that make up the geopolitical bloc of the EE.UU, “decoupling” is being something close to disaster. There are beneficiaries, but they are not in the West.
It goes without saying a lot about ease. The fact that Trump starts his second term with a slogan "more tariffs and more taxes" is a clearer indication of what happens. It doesn't work the way he thought. The defeat of the sanctions imposed on Russia since 2022, even until the end of the economic war, is already recognised by its rivals. It should be an opportunity to review the whole strategy. Starting with the recognition of the true purpose.
And for that, for example, remember Tonya Harding. Harding was the brightest ice skating star in the early 1990s. Until a brighter person appeared than her, Nancy Kerrigan. So, “someone” came up with the idea that the solution to the problem was to break Kerrigan’s legs. They tried to do it. It didn't work.
Does anyone believe that the strategy to break China's economic legs is working?
Tennessee (United States), 1820. The slave Nathan Green is born, known as Nearest Uncle or Nearest Uncle. We do not know exactly when he was born and, in general, we have very little data about him until 1863, when he achieved emancipation. We know that in the late 1850s Dan... [+]
It is not an easy task to define what the new US mandate will bring in the economic sphere. The axis of the new economic strategy will be the peculiar union between liberalism and protectionism for the external sector. Despite what has happened in the United States on a regular... [+]