The trade war between the US and China is alive and well. President Joe Biden largely left the original tariffs introduced by Donald Trump in place but added additional trade restrictions through both the CHIPS and Science Act and the Inflation Reduction Act
Another example of government intervention, poorly thought out, ineffectively applied and costly only to those who are governed. You really should spell it out for your readers.
Even more productive for economic growth and autarky than trade restrictions are sanctions. Keep a close eye on India's and Iran's economies: Blinken has hinted at sanctions to punish their collaboration on the Chabahar Port project.
Hence i volunteer to be sanctioned by anybody willing to finance an extra expensive summer vacation. If worried about my CO2 footprint i'll go on foot but i do expect a harder sanctions regime as a reward.
Another example of government intervention, poorly thought out, ineffectively applied and costly only to those who are governed. You really should spell it out for your readers.
Even more productive for economic growth and autarky than trade restrictions are sanctions. Keep a close eye on India's and Iran's economies: Blinken has hinted at sanctions to punish their collaboration on the Chabahar Port project.
Hence i volunteer to be sanctioned by anybody willing to finance an extra expensive summer vacation. If worried about my CO2 footprint i'll go on foot but i do expect a harder sanctions regime as a reward.