The Great Global Trade Circus
Tariffs, Power Plays, and the Supply Chain That Went on Vacation Ladies and gentlemen, let us talk about the world economy. Not the polite version they present at conferences with graphs and laser pointers, but the real one—the one that behaves like a marketplace at closing time where everyone is bargaining, shouting, hiding the good merchandise, and pretending everything is under control. Because right now the global economy is not exactly broken. No, no. That would be too simple. What we have instead is a very organized confusion. You see, for thirty years the world agreed on a beautiful idea: everyone produces whatever is cheapest, somewhere far away, ships it across oceans, and everybody wins. Shoes from one country, chips from another, minerals from somewhere nobody can pronounce. Efficiency, they called it. Well. Efficiency worked perfectly until geopolitics walked into the room. Now governments everywhere have discovered a fascinating tool called tariffs. Tariffs are li...