Of Tariffs, Manufacturing and PSAs - Zeihan on Geopolitics

Of Tariffs, Manufacturing and PSAs - Zeihan on Geopolitics

The tariffs on China are now effectively 145% and penalties tied to Venezuelan oil could raise that to 170%. Trump’s tariff policies are nearing the triple digits, so the level of uncertainty filling every board room is chilling.While the idea of moving manufacturing away from China is an attractive idea, Trump is trying to brute force his way through this obstacle. When you do that with one of the most complex and developed global trade systems…