... memory of human beings. This change was 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, ...
....5% on EU cars. [
4
]
Food and Beverages: U.S. exporters face a tariff gap of 3–3.5 percentage points higher than their EU counterparts. [
5
]
Non-Tariff Barriers (NTBs)
Andrey Kortunov:
Can U.S. New Tariffs Trigger Structural Changes in Global Economy?
Beyond tariffs, non-tariff barriers (NTBs)—including import quotas, subsidies, strict regulations, bureaucratic customs procedures, safety standards, local content rules, and environmental restrictions—impose significant hidden costs on U....
What kind of order is it, if it is so easy to disrupt?
The Trump administration's recent announcement of "reciprocal tariffs" has made almost all countries victims of its protectionism. As Dmitry Medvedev, deputy chairman of the ... ...
Washington still buys some fertilizers and platinum from Moscow, but these purchases are not critically important for the U.S. economy and do not directly challenge U.S. local producers. Though Moscow has a trade surplus with Washington, this surplus is ...
