... between innovation and manufacturing is underscored by the faster growth in annual R&D expenditures by American corporations in China compared to their spending dynamics in the U.S.
To address the situation and curb the widening trade deficit, President Donald Trump signed an executive
order
on April 2, 2025, introducing reciprocal differential tariff rates on imports from most U.S. trading partners. In particular, China was hit with a 34% tariff on top of the 20% imposed earlier. After China levied ...
... sanctions would be premature; unlike trade policy tools, sanctions remain primarily instruments of foreign policy.
Andrey Kortunov:
Can U.S. New Tariffs Trigger Structural Changes in Global Economy?
One of the most consequential moves at the start of Donald Trump’s second term was the sweeping increase in US import tariffs. The new policy targeted nearly all trading partners, with additional duties imposed on over seventy countries. This aggressive escalation– dubbed a “trade war against the ...
... foundations
Gorbachev’s rule put an end to the Cold War, and the Soviet Union itself soon became a matter of the past. Will Trump become the new Gorbachev? How far will he go? And what could be the fate of America as a result of his presidency?
Donald Trump’s second presidential term has been marked by a series of unpredictable and often disruptive foreign policy moves. These included overtures to normalise relations with Russia, public chastisement of Ukraine’s president, sharp criticism ...
... thanks to the personal position of the 47th President of the United States. The changes remain fragile and reversible
At this moment, the main driver of the emerging positive dynamics of the Russian-American dialogue is the personal desire of President Donald Trump to become the main peacemaker in resolving the conflict between Moscow and Kiev. Everything else, including the movement towards normalization of bilateral diplomatic ties, the surprising solidarity vote in the UN General Assembly, signals ...
... light” coalition in the Federal Republic of Germany) and December (the European Commission now made up of 27 Commissioners setting to work, early parliamentary elections ruled in Germany). However, it was January 2025 that proved most crucial, with Donald Trump returning to the White House and Brussels presenting the “Strategic Compass,” prepared based off Mario Draghi’s report. The designated period marked the beginning of a new cycle of strategic confrontation between the two key actors ...
... famously observed by Chinese President Xi Jinping when he
said
, “Our world is undergoing profound changes unseen in a century.”
Andrey Kortunov:
Can U.S. New Tariffs Trigger Structural Changes in Global Economy?
On April 2, 2025, U.S. President Donald Trump
unveiled
an early 20
th
-century type of economic policy, increasing tariffs on countries unseen since the
Great Depression of 1929
. From a
baseline
of 10 percent to a maximum of 46 percent, tariffs are now imposed on state allies and ...
Trump’s tariff hammer and the Mar-a-Lago Accord form a strategic triad—protectionism, fiscal relief, and geopolitical leverage—to reboot U.S. hegemony
Introduction
On April 2, 2025, President Donald Trump announced a bold escalation in U.S. trade policy, imposing a baseline 10% tariff on all imports and a specific 20% tariff on goods from the European Union (EU), up from the previous average tariff rate of 3.5%. [
1
] Framed as a countermeasure ...
... caused by the emerging transatlantic rift. In that case, it also has to consider potential mid- and long-term economic losses linked to numerous disruptions within the global economic system. On top of that, one should not forget that U.S. President Donald Trump continuously threatens to impose further restrictive economic measures, such as new tariffs on Russian oil consumers, on Moscow if Russia does not properly engage in U.S.-mediated Ukraine ceasefire negotiations.
Andrey Kortunov:
The Future ...
... Moscow should have had not only anxieties, but also serious concerns about its possible outcomes. The pathway to the White House was carefully paved for Zelensky by French President Emmanuel Macron and British Prime Minister Keir Starmer; both visited Donald Trump prior to their Ukrainian colleague and both tried hard to convince the US leader to extend maximum support to Kyiv despite earlier Trump’s statements about his intention to cut a “deal” with Vladimir Putin. So, what if Zelensky, being ...
The current discussion surrounding the potential occupation of Gaza raises concerns about a similarly protracted engagement, with significant repercussions for both regional and global stability
Introduction
The United States, under President Donald Trump, has consistently followed a foreign policy that challenges traditional diplomatic practices and questions the settled conventions of international law. With a more aggressive and fierce approach anticipated by the Trump administration in ...
