Dark Lessons of Prewar Protectionism: From Tariff Wars to Global Fragmentation

With its misguided tariff wars, the second Trump administration is not only fragmenting seven decades of globalization. It is also contributing to a kind of geopolitical climate that set the stage for the rise of fascism in the 1930s. Times are different today, but like then, globalization is no longer at crossroads. It is unraveling. […]

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