A tremor ripples through the world of numbers, a harbinger of a new era: The mercantilist pivot of the United States is shaking up the well-rehearsed choreography of global markets — a reordering of trade is taking shape.
Power politics is defensive politics. Dominant political entities retreat into its embrace when the going gets tough. The U.S. is the hegemon of our time, and it no longer hides from its problems behind the rhetorical fog of moral narratives — now, it’s rolling up its sleeves!
With his tariff offensive, President Donald Trump is tackling an issue the nation has been kicking down the road since the end of the gold standard in 1971 — the gaping chasm of fiscal disaster and trade deficits.
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