News
The Tariff Wars Return
06/09/2024
After a half-century in which it embraced a doctrine of free trade, the industrialized West seems to be moving in the opposite direction: rolling out an expanding list of new tariffs on imports and placing increased reliance on industrial policy to promote domestic industries. In the US, with both parties in this November’s presidential election supporting tariffs—albeit for different reasons—companies may face more onerous import duties in the coming months.
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