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- Title
Restoring Free Trade and Investment in a Global Trading System.
- Authors
OWENS, WILLIAM A.; POULSON, BARRY W.
- Abstract
The article focuses on the U.S. shift towards economic protectionism, termed "friend-shoring," which involves tariffs and trade restrictions aimed at redirecting supply chains from China to benefit the US and its allies. It discusses how this approach, along with subsidies promoting high-tech industries and regional trade agreements, has led to a retaliatory trade war with China and other BRICS members, escalating tariffs and restrictions on both sides.
- Subjects
FREE trade; INTERNATIONAL trade; CHINA-United States relations; TRADE blocs; TRADE regulation
- Publication
Independent Review, 2024, Vol 29, Issue 1, p169
- ISSN
1086-1653
- Publication type
Article