... external challenges, including the transformation of global value chains caused by Trump’s April initiatives.
The European Union: Adaptation Strategies and Internal Chasms
Andrey Kortunov:
Can U.S. New Tariffs Trigger Structural Changes in Global Economy?
The European Union’s search for answers to the U.S. industrial revitalization and protectionism strategy has been complex and contradictory. The EU entered the year 2025 by introducing the
Competitiveness Compass
program, which included the main proposals of the September (2024) report by Draghi [
3
]. The strategic document contains ...
... strategic sectors like electric vehicle (EV) batteries, computer chips and medical products.
The odds are that the US trade protectionism will go further, no matter who wins in the forthcoming November presidential election. The apparent assumption in ... ...
However, suppose that the Biden administration or its Republican opponents do not really care about the future of the global economy. Suppose that the US leadership views international trade exclusively through a zero-sum lens, believing that it could ...
... territory of Brazil, thus facilitating job creation and providing for additional budget revenues.
One of the reasons for increasing protectionism
is intensifying trade relations with China
, which dominates in foreign direct investment and is a major trade ... ... Whereas consumer demand remains high – in 2012,
according to the Banco Central of Brazil
, it has grown by 4.1% - the economy is losing the majority of profits generated by such demand. Imports of Chinese vehicles to Brazil increased fivefold over ...
