Article originally appeared on www.zerohedge.com.
Authored by Andrew Korybko via substack,
He hopes to strengthen the US’ supply chain sovereignty, renegotiate its ties with all countries with a view towards getting them to distance themselves from China, and shape the emerging world order.
Trump’s decision to tariff the entire world to varying extents as revenge for their tariffs against the US has shaken the global economy to its core. Instead of restoring free and fair trade like he claims to want, which would give American companies an advantage, he might inadvertently accelerate regionalization trends and the subsequent division of the world into a collection of trade blocs. Even in that scenario, however, he could still advance the three unstated goals that are responsible for this policy.
The first is to strengthen the US’ supply chain sovereignty so as to eliminate the leverage that other countries have over it. This might not be pursued …
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