Do the Trump tarrifs mark a new era of nationalism and protectionism ?
If so, if this bad for the global economy or a necessary correction after decades of free market liberalism ?
Is Trump an aberration, or a sign of things to come ?
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By *deepdiveMan 7 days ago
France / Birmingham |
"Do the Trump tarrifs mark a new era of nationalism and protectionism ?
If so, if this bad for the global economy or a necessary correction after decades of free market liberalism ?
Is Trump an aberration, or a sign of things to come ?
"
No |
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No I don’t think it’s over, these things cannot be unwound in a hurry, but it might have reached it’s zenith.
Besides, all countries cannot adopt a policy of autarky, as not all countries have the means to do so. |
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"Globalisation relies on trust. In 2025 there is no trust."
True. Globalisation also relies on a monetary standard that can be trusted and the dollar is in its dying throes, it’s been on life support for decades. We need to distance ourselves from it and see what will replace it. We’d be more secure if we’d got on board with the euro when we had the chance. Too late for that now. |
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"Do the Trump tarrifs mark a new era of nationalism and protectionism ?
If so, if this bad for the global economy or a necessary correction after decades of free market liberalism ?
Is Trump an aberration, or a sign of things to come ?
"
I think maybe a necessary correction. Globalisation has led to disenfranchised public left behind by the modern economy, a elite who have become too powerful and bullying politicians in all countries with their wealth.
One thing I must give Trump credit for is not dancing to the tune of the billionaires like a lot of politicians have in Western countries and making them dance to his. |
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I don't think globalisation is over by any stretch of the imagination.
If anything, I believe the entrenchment of US policy towards tariffs and isolation will accelerate further globalisation aligned more around the BRICS countries.
.
If you were an investor/shareholder, are you going to invest in
1. USA, with restrictive tariffs and a yo-yo economic policy ?
2. Chase growing opportunities in emergent and more welcoming markets elsewhere ?
.
Both carry risk, of course. I would counsel option 1 is the riskiest of all at this moment in time for very little reward. |
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"Do the Trump tarrifs mark a new era of nationalism and protectionism ?
If so, if this bad for the global economy or a necessary correction after decades of free market liberalism ?
Is Trump an aberration, or a sign of things to come ?
"
The tariffs have forced this net zero lunacy to be scratched off for high end uk car manufacturers, who would of thought it the climate can wait a bit longer to be cleansed of life giving carbon because of Mr trump.  |
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