As Trump raises tariffs on Chinese goods (again), a big picture of world trade since mid-19th-century is very useful. After a historical level of a 'globalisation' wave/openess, the U.S. sees its hegemony threatened and its power in relative decline vis-a-vis the rising of new powers like China. Thus it wants reassert itself. That makes the possiblities of conflicts in the coming decade higher.
World trade and capitalism
World trade and capitalism
Comments