Vasyl Yurchyshyn, Razumkov Centre Economic and Social Programmes Director
Today, we are increasingly witnessing unexpected economic decisions that can have a critical impact on global trade and financial flows. Thus, the desire of the United States to "reduce the risks" of global supply chains and reduce trade dependence on China, prompted the US Administration to introduce wide tariff protection, which should force most countries to balance their own trade flows with US requirements.
However, the US Administration has made a significant mistake in assuming that it has the right and ability to subordinate world political and economic processes to its interests and desires without adequate opposition.
See the full text in the PDF format in Ukrainian here.
https://razumkov.org.ua/statti/ekonomichna-viina-zakinchena-zabudte