Editor's Note: This article argues that Trump’s tariffs are not just a bargaining tool but a long-term plan to reshape global trade. Some see this as risky, while others believe it will strengthen American industry. We share it to encourage discussion as his trade policies take shape.
By Ian Bremmer - Project Syndicate | Mar 10, 2025
Donald Trump’s immediate, aggressive use of import tariffs has revealed a fundamental difference between his first and second term. Far from a mere negotiating strategy, the goal this time is to replace a global rules-based system of managed economic integration with coerced decoupling.
A monthly gauge of the geopolitical, trade, and supply-chain pressures bearing on the world economy, built on Federal Reserve data and 25 years of TIPP polling, and validated against every major crisis since 2001.
A monthly gauge of the geopolitical, trade, and supply-chain pressures bearing on the world economy, built on Federal Reserve data and 25 years of TIPP polling, and validated against every major crisis since 2001.