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.
Tag Archives: trade barriers
Are Trade Barriers Good for Business? Part 3 – Innovation in the Tech Sector & the DeepSeek Story
In a world where trade policies are increasingly weaponized, we find ourselves facing yet another example of the unintended consequences of protectionist measures. The emergence of China’s DeepSeek AI model is a compelling case study in what could become a recurring theme in this blog. U.S. restrictions on exporting advanced NVIDIA chips to China wereContinueContinue reading “Are Trade Barriers Good for Business? Part 3 – Innovation in the Tech Sector & the DeepSeek Story”
Are Trade Barriers Good for Business? Part II: Sanctions
Trade barriers and geopolitical tensions shape global trade dynamics. The U.S. dollar’s dominance is waning, prompting countries to develop alternative financial systems, impacting sanctions and necessitating adaptation by businesses.
Are Trade Barriers Good for Business? Part 1: Unintended Consequences for Innovation
Trade barriers, intended to protect domestic industries, often lead to unintended consequences, prompting innovation and strengthening companies. This highlights the complexities and resilience of businesses in global trade dynamics.
PGTS Inc. 