Tariffs and Trade Wars: An Obsolete Tool or a Powerful Weapon?
While it once seemed likely the globalized world would overcome economic borders, tariffs are again in the spotlight of international trade wars. But are they really effective in protecting national economies? Or do they risk turning into blunt weapons, with side effects affecting consumers? Gianmarco Ottaviano reveals the hidden strategies behind the political use of tariffs and their effects on the global economy