President Trump's recent tariffs mark a profound disruption in the post-war trade regime, impacting both allies and adversaries. This move threatens the longstanding system of free trade, which has fostered international economic integration. In the short term, clean energy supply chains, heavily reliant on Chinese production, face immediate challenges with tariffs exceeding 100%. Long-term implications suggest a potential evolution of global trade discussions that intertwine climate policies, prompting nations to leverage trade restrictions as a means to address climate change and emissions.
Even after his significant backtracking, it's clear that the system of free flowing goods across international barriers that has defined economics globally in recent decades isn't coming back anytime soon.
In practice, however, imposing climate-linked trade barriers has long frightened leaders who worried that they would cause geopolitical disruption.
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