A new age of protectionism
With Donald Trump’s entry into the White House, the world commercial landscape experienced a radical turn. The strategy known as ‘America First’ was not translated into a stronger America, but one that closes into the world, looking for enemies where there were allies before.
Tariffs as a weapon of war
The tariffs became Trump’s main tool to defend the American industry. From steel to European wines, the list of affected products is extensive. In an attempt to correct what he considers ‘injustice’ in global trade, Trump has launched an offensive that, more than solving problems, has led to an uncertainty.
Negative economic impact
The effects of this trade war have not only been felt on the international market, but have directly affected the US consumer. Investigations have shown that tariffs have raised prices, causing an increase in costs that finally fall on citizens.
A growing deficit
Irones of politics: Despite protectionist measures, the commercial deficit has continued to grow. Trump’s actions have not resolved the structural dysfunctions of the economy, but have altered market dynamics, creating tensions with key allies such as Canada and the European Union.
A simplistic view of trade
Trump’s speech on global competence is based on a dualistic vision that divides the world between winners and losers. This perspective ignores the reality of an interconnected economy, where collaboration can be more fruitful than confrontation.
The Cost of War
Ultimately, Trump’s tariff politics not only seeks to isolate America, but also creates an atmosphere of distrust of historical allies. Instead of promoting cooperation -based leadership, its strategy is based on imposition and punishment, with the most serious consequences, falling on those at the base of the economic pyramid.
Reflections on the future
As the world evolves, the need for more inclusive and cooperative trade policy becomes more evident. Trump’s approach, focused on division and protectionism, could leave an isolation legacy that, in the long term, will be detrimental not only to the United States, but to the global economy as a whole.
