Tag Archives: inter-regional trade

Mercantilism, an economic theory prevalent from the 16th to 18th centuries, has seen a resurgence in the 21st century, particularly through U.S. trade policies. Trump’s “America First” strategy seeks to bolster domestic manufacturing and resource control, aligning with classical mercantilist principles. However, these approaches risk isolating the U.S. in a global economy increasingly shifting towards regional trade and diversity. Businesses must adapt by diversifying partnerships, leveraging trade agreements, and enhancing supply chain resilience to mitigate risks and seize new opportunities in a changing landscape.