Trumpian tariffs are import substitution industrialization 2.0

The new Trumpian tariffs are not the familiar protectionism G7 nations have applied for decades. Instead of shielding particular sectors, they wall off the entire
EU likely to propose to G7 lowering price cap on Russian oil to $50 per barrel

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part

