Globalization

Liberation Day Tariffs and the Transformation of Global Trade

On April 2, 2025, President Donald Trump declared what he called one of the most important days in American history. Framing the moment as a “declaration of economic independence,” he announced sweeping new tariffs aimed at allies and rivals alike, accusing them of having “looted” the United States for decades. The move quickly branded “Liberation … Read more

The New Supply Chain Insecurity: Why Tariffs Could Backfire

The Trump administration’s sweeping tariffs have rewritten U.S. trade policy, imposing levies of 10% to 50% on imports from nearly every country. These measures aim to reindustrialize America, reduce trade deficits, and cut reliance on foreign suppliers. But the reality is more complex—and potentially damaging. Tariffs and the Myth of Fortress America The administration’s strategy … Read more