Trump tariffs will disrupt global trading system, collapse certain national economies: Asia Society president

Why protectionism and market accessibility are now driving international trade

Preferential trade agreements are becoming the norm globally as a way to keep trade predictable and for economies to defend themselves against lawlessness.

President Trump’s announcement of the protectionist measures of President Trump for the whole world has generated a huge disruption in the world economy. President Trump presented the global strategy that the Department of Trade concluded after a thorough analysis of the U.S. trade situation with the whole world, including bilateral trade balance, tariff and non-tariff barriers, exchange rates, trade deficits, subsidies, unfair practices, with t…

Looming U.S. port fees on Chinese ships could backfire, disrupt global trade, experts warn

Industry experts have warned that a potential U.S. port fee policy targeting Chinese-linked vessels could backfire, harming the U.S. economy and severely disrupting global shipping.

Trump tariffs will disrupt global trading system, collapse certain national economies: Asia Society president

Former South Korean Foreign Minister and UN diplomat Ms. Kang says U.S. shift on Ukraine, Gaza, Taiwan will change global order; says this is still a century of Asia’s rise, with a big role for India-China ties

The international analyst said that Donald Trump's goal is to "create a new global trading and investment system with a focus on the United States." "The idea of a post-industrial society is completely behind us," he added. Read more

In the face of rising tariffs and rising sovereignist logics, globalization is entering a phase of recomposition. This new, more fragmented trading order questions the sustainability of multilateralism and the place of open economies such as that of Europe.