European politics and business at the crossroads in the face of Trumpian tariffs
The imposition of barriers does not only have economic implications, but also represents the imposition of limits, the rejection of others, the reintroduction of a closure towards what is not indigenous
3' min read
3' min read
I believe there is little doubt that the economic system followed at a given time connotes the dominant political thought in a country and characterises its distinctive features, just as there is no doubt that, from a macroeconomic point of view, the opposition, in general and beyond the so-called third and fourth ways, between capitalism and socialism still exists, identifying, in these two extremes, two different visions of society.
In this regard, and still remaining in a broadly generalised area, while one can point out, for various reasons, the failure of both systems, it is easy to argue that the bulwark of economic freedom lies in the respect of the principle of free movement of persons, goods and capital, thus promoting and strengthening an environment of ample opportunities and fruitful exchanges at a global level.
In this overall picture, the Trumpian tariffs - the entry into force of which has been suspended for the moment - have been inserted a few days ago with tremendous force, which the 47th President's supporters themselves find hard to comment on and which shift the problem to the (not only political, but) political-economic level of the clear opposition between localism and globalism.
Apart from the current (and, in many ways, gruesome) suspension, in fact, the talk of imposing 'duties' has not only economic implications, but also represents the imposition of limits, the rejection of others, the reintroduction of a closure towards what is not indigenous or what is not 'within the borders': it is all this patchwork of negativity and much more.
It is, above all, a world opposite to the idea that has accompanied us all these years: feeling 'friends' of the US and, in some way, even protected by their democratic strength, has been comforting and comfortable.

