Tag: US economy

By Amit Kapoor, The developing wave of economic nationalism across the world has reached disconcerting levels. President Donald Trump's recent move to raise tariffs on import of steel and aluminium into the US signalled the pinnacle of the global shift towards protectionism. To be fair, the US is the least protectionist large economy in the world and singling it out might seem hypocritical, especially by more protectionist nations. However, the point remains that there simply exists no economic logic behind the move. There are no economic gains to be made, even...