The Twilight of Pax Americana
https://www.project-syndicate.org/commentary/trump-tariffs-ignore-economic-realities-and-destroy-us-global-leadership-by-koichi-hamada-2025-09
If Donald Trump continues to wield the threat of higher tariffs, he might be able to claim a few more “victories,” in the form of exploitative trade deals with longtime US allies and partners. But the costs of ignoring basic economic realities will be high, and US global leadership may never recover.
https://www.project-syndicate.org/commentary/trump-tariffs-ignore-economic-realities-and-destroy-us-global-leadership-by-koichi-hamada-2025-09
If Donald Trump continues to wield the threat of higher tariffs, he might be able to claim a few more “victories,” in the form of exploitative trade deals with longtime US allies and partners. But the costs of ignoring basic economic realities will be high, and US global leadership may never recover.
The Era of Step-on-a-Rake Capitalism
https://www.yahoo.com/news/articles/trump-formula-conquer-economy-everything-120000667.html
Trumponomics isn’t about economics. It’s about creating pain and demanding tribute.
https://www.yahoo.com/news/articles/trump-formula-conquer-economy-everything-120000667.html
Trumponomics isn’t about economics. It’s about creating pain and demanding tribute.
Global Trade Is Winning Trump’s War On It
https://www.project-syndicate.org/commentary/trump-tariffs-will-have-only-a-moderate-impact-on-trade-by-daniel-gros-2025-09
Since returning to the White House, Donald Trump has repeatedly introduced, paused, reversed, and hiked tariffs, often to unprecedented levels, raising fears about the future of the global trading system. But the average effective tariff rate that the US has applied remains much lower than Trump's pronouncements would suggest.
In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals
https://www.nytimes.com/2025/09/11/business/south-korea-japan-trump-trade.html
Officials and business leaders in both countries are questioning commitments their governments made to invest hundreds of billions in American manufacturing.
https://www.project-syndicate.org/commentary/trump-tariffs-will-have-only-a-moderate-impact-on-trade-by-daniel-gros-2025-09
Since returning to the White House, Donald Trump has repeatedly introduced, paused, reversed, and hiked tariffs, often to unprecedented levels, raising fears about the future of the global trading system. But the average effective tariff rate that the US has applied remains much lower than Trump's pronouncements would suggest.
In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals
https://www.nytimes.com/2025/09/11/business/south-korea-japan-trump-trade.html
Officials and business leaders in both countries are questioning commitments their governments made to invest hundreds of billions in American manufacturing.
Japan confronts the increased price of US friendship
https://www.ft.com/content/678dae36-003f-4df8-ad3f-cff7eeb598d6
The Japanese government cannot spin its one-sided $550bn investment commitment to Trump’s America as a win.
Europe Must Use Its Economic “Bazooka” Against the US
https://www.project-syndicate.org/commentary/eu-must-use-trade-bazooka-anti-coercion-instrument-against-trump-by-moreno-bertoldi-and-marco-buti-2025-09
https://www.project-syndicate.org/commentary/eu-must-use-trade-bazooka-anti-coercion-instrument-against-trump-by-moreno-bertoldi-and-marco-buti-2025-09
Trump’s Tariffs Will Widen the North-South Divide
https://www.project-syndicate.org/commentary/trump-reciprocal-tariffs-disproportionately-hurt-developing-economies-by-qiyuan-xu-and-yutao-huang-2025-09
An analysis of US President Donald Trump's "reciprocal" tariffs reveals a stark conclusion: the lower a country’s income, the higher the tariff burden it is likely to bear. In this sense, the tariffs almost seem to be deliberately designed to impede development and exacerbate global inequalities.