As Donald Trump prepares to return to the White House, his proposed trade policies threaten to unleash economic chaos that could devastate American consumers, businesses and the global economic order.…
Anti Free Trade
While campaigning in Flint (MI), former President Donald Trump was asked how he would tackle rising food prices. In response, he suggested that import tariffs would do the job, and…
On 25 April 2023, the European Parliament passed the Net-Zero Industry Act (NZIA) as a significant component of the Green Deal Industrial Plan, with 361 votes in favor, 121 against,…
On October 1st, 2023, the EU’s Carbon Border Adjustment Mechanism (CBAM) began its transitional phase, with reporting requirements starting in October 2023 and full charges scheduled for implementation by 2026. The CBAM…
Trade protectionism involves restraining imports through various policy measures including tariffs, quotas, and subsidies to protect domestic industries from foreign competition. On the other hand, cronyism refers to the practice…