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"https://www.theguardian.com/world/2025/apr/12/did-trump-tariffs-economic-populism-globalisation"
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"Did Trump’s tariffs kill economic populism?"
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"The article argues that Trump's tariffs and trade policies have caused significant long-term damage to the resilience of globalization as a system. It highlights the importance of trust, agreed rules, and political stability in facilitating global trade and notes that the US's rejection of globalism has led to a fundamental reordering of the global economy. The article also discusses the rise of anti-globalist sentiment and the impact of Covid-19 and the war in Ukraine on global supply chains and trade."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqn5e52z27npk7mxhhynfx4rzmaczshltptse0chnknqdq38rjqz8q3cttcd\nhttps://i.guim.co.uk/img/media/bd7de30bc9593958131ac1790e596cdf42882b40/0_77_8256_4954/master/8256.jpg?width=140\u0026quality=85\u0026auto=format\u0026fit=max\u0026s=180736ed1adc041cd07b0ac87c56989f\nLasting damage has been done not only to Trump’s political credibility but to globalisation as a systemAt the beginning of this helter-skelter week, Downing Street was declaring globalisation not only dead but a failure. Now, only five trading days later, the autopsy is still under way but the victim may instead be economic populism, strangled by Wall Street, the citadel of globalisation. Donald Trump’s so-called liberation day may in fact have been the anti-globalist’s entombment day.In an effort to deny even a tactical retreat, Trump’s aides insist the White House goal all along was not to weaken globalism, or even to protect the US economy with tariffs, but instead to get into a negotiation to lower tariffs around the world and to punish China. As cover stories go, it is hardly credible, partly because the tariffs were repeatedly lauded by Trump as a macroeconomic revenue-raising measure, or a means to bolster US manufacturing. Continue reading...\nhttps://www.theguardian.com/world/2025/apr/12/did-trump-tariffs-economic-populism-globalisation",
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