The modern global economy faces a profound disruption as tariffs—taxes on imported goods—emerge as the primary weapon in escalating trade wars.
What began as targeted measures to protect specific industries has morphed into a comprehensive assault on the interconnected web of international commerce, creating ripple effects that touch every corner of the world economy.
The central problem is stark: tariffs, designed to shield domestic industries, are instead becoming a destructive force that undermines the very economic foundations they aim to protect.