Want free trade? May I introduce you to the tariff?

Quick Summary:

The United States and several other countries have become victims either because they believed in the myth of free trade or because they are not good at defending themselves against these aggressive strategies.

But using tariffs as leverage on security matters should not be confused with the fundamental fact that the global trading system has failed our country.

Any structure that will actually increase public welfare across the globe must be based on long-term trade balance, and the new system should enforce an equilibrium.

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Article Details

Author / Journalist: New York Times

Category: Business

Markets: IndiaAustraliaCanadaChinaGermanyIrelandMaliMexicoUnited StatesVietnam

Topics: Trump tariffs Donald trump Us china trade war Global trade Free trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 10:05:22 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2208 words

Reading Time: 13 minutes read

Sentences: 105 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25954876

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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