What Explains Today's Trade Tensions?
4 chmaynard 1 6/6/2025, 10:38:14 PM yalebooks.yale.edu ↗
Comments (1)
mahirsaid · 18h ago
managing to do this in short time will inevitably lead to a self implosion of the system as a whole. Making these changes does not align with the so present 4 year term of an administration's agenda, and fragile consistency for a 8 year term. The reality is China made tremendous propulsion of growth in its 30 year timeframe. The party is very consistent on its agenda , and not so polar opposite change of hands. This is also brought its own problems. but what's mitigated is mitigated and the rest can be managed in due time. We really don't have a consistent governmental system, its seems the reaction of congress on the body's that correspond to such economic agilic functions are shocking struck. The reactions of bills and policies are ill prepared and pushed to action. The last three administration's have been overwhelmingly stuck on protectionism, while changes to the economy has gone wild. The economy in other word as shaped itself external first approach, in which the government is now taking action to revert. The downside is many industries in the U.S. relied on these policies be who they are today ( Amazon, Google, Meta, etc) , deciding to revert now will change the U.S. prefoundingly.