Archives Trade war - New Eastern Outlook

America might still be the world’s most powerful country economically, but by turning trade into a weapon, Washington may be accelerating the very redistribution of global influence it fears the most.

Washington may be able to impose greater costs on Canada, but by weaponising its largest market, it is encouraging its closest economic partner to build alternatives to American dependence and change the centrality of the American market fore ver.

The results of Trump’s tariff war against China are effectively out. While the narrative underpinning the tariff war was designed to comfort Western audiences, the tariff war’s failure is unlikely to be reassuring.