Donald Trump's tariffs are not a negotiation tactic. They are a very deliberate plan to destroy the liberal global trading and financial system the US itself established. And all of us could pay a heavy price for his attempt to reshape the world order.
In all fairness, the last 80 years of economic order has been shit for 99% of the population.
Yes and no. Millions of people were uplifted from poverty because of globalisation. The technology and wealth we enjoy today is because of international trade. But on the one hand, those who lost their jobs from outsourcing were not duly provided with alternatives, and now they are electing demagogues who are promising them easy answers to complicated issues. And on geopolitics, big countries act with impunity, stepping on less powerful countries. This also added for demagogues to use the lack of international order to rally people into nativism.
Yes and no. Millions of people were uplifted from poverty because of globalisation. The technology and wealth we enjoy today is because of international trade. But on the one hand, those who lost their jobs from outsourcing were not duly provided with alternatives, and now they are electing demagogues who are promising them easy answers to complicated issues. And on geopolitics, big countries act with impunity, stepping on less powerful countries. This also added for demagogues to use the lack of international order to rally people into nativism.