Notes from History for Surviving the Trade War
The trade war isn’t coming. It’s already here.Alarming as the daily news may be, this is not the first time nations have clashed over trade. In the 20th and 21st centuries, there have been many moments of conflict over tariffs and dire warnings of imminent trade wars. Understanding that history helps us navigate today’s treacherous trade waters.While historical precedent is cold comfort for those who are suffering the consequences of ongoing trade turbulence, from lost jobs to more expensive groceries, it shows that this trade war is different from those of the past in ways that are worth thinking about. The post Notes from History for Surviving the Trade War appeared first on War on the Rocks.
The trade war isn’t coming. It’s already here.Alarming as the daily news may be, this is not the first time nations have clashed over trade. In the 20th and 21st centuries, there have been many moments of conflict over tariffs and dire warnings of imminent trade wars. Understanding that history helps us navigate today’s treacherous trade waters.While historical precedent is cold comfort for those who are suffering the consequences of ongoing trade turbulence, from lost jobs to more expensive groceries, it shows that this trade war is different from those of the past in ways that are worth thinking about.
The post Notes from History for Surviving the Trade War appeared first on War on the Rocks.
