Tag: international relations

Trade Winds Shifting: Nations Seize Opportunity Amidst US Tariff Storm

Trade Winds Shifting: Nations Seize Opportunity Amidst US Tariff Storm

The past four years have been a particularly fraught time in global trade. Indeed, much of this turmoil has been a direct result of the tariff policies imposed by the U.S. Underlying the positive reactions were those who initially reacted to these policies with concern and apprehension. Look a little...

Sanctions as a Sword: Tariffs for Venezuelan Freedom?

Sanctions as a Sword: Tariffs for Venezuelan Freedom?

The specter of tariffs usually brings to mind scenes of economic warfares, trade disputes and raised prices. They are crude tools, frequently excoriated for their blanket effect on private sector enterprises and patrons, a marketwide mugging. Venezuela is undergoing a deepening humanitarian and political crisis. I continue to think that...

U.S. to Impose 25% Tariff on Nations Trading Oil with Venezuela

U.S. to Impose 25% Tariff on Nations Trading Oil with Venezuela

Beginning April 2, the United States will slap on a massive 25% tariff. This tariff directly punishes countries, like China and India, that are buying oil and gas from Venezuela. Former President Donald Trump introduced the novel trade restriction, blaming Venezuela’s purported behavior as the reason for the tariff. This...