What brands do you associate with?
Multinational brands making huge profits in other countries. They earn profit by producing in territories with lower production costs, cheaper labour, and a guaranteed supply of raw materials.
But the United States’ imposition of tariffs, as economically irrational that leads towards as end of globalisation. Government’s will promote and support local businesses and products manufactured in their homeland.
Turkish economist Dani Rodrik puts forward his theory of the “trilemma”. This theory states that democracy and national sovereignty are fundamentally incompatible with globalisation.
A tariff war poses a significant danger to globalization by increasing trade barriers, reducing overall world trade, disrupting global supply chains, and increasing costs for consumers and businesses, ultimately hindering global economic growth.
Tariffs, which act as taxes on imported goods, can lead to higher consumer prices and reduced business profit margins, while leading to a retreat from open economies and protectionism. Under this protectionism, everyone will lose. It would also mean the end of globalisation.
Rang-Rivaz 
This was such a refreshing read! Thanks for sharing your perspective.
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Thank you so much Sir for appreciation 🙏🥰
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“A very insightful read! The connection between tariffs, protectionism, and the risks to globalization is clear, and Dani Rodrik’s trilemma perfectly highlights the tension between national sovereignty and global economic integration.”
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Thank you so much Mam for appreciation 🙏🥰🤓
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The post argues that multinational brands profit from lower production costs abroad, a practice threatened by protectionist policies like tariffs. It highlights Dani Rodrik’s “trilemma,” suggesting that democracy and national sovereignty are incompatible with globalization. The author believes that a tariff war would harm everyone by disrupting global supply chains and increasing consumer costs. Ultimately, the piece concludes that a retreat into protectionism would signify the end of globalization as we know it.
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Thank you so much Sir for appreciation and beautiful explanation 🙏🥰🤓
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It will be interesting to see if Trump imposes tariffs on Apple and other US firms who manufacture their goods overseas!! His policies will cause mayhem!
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He already warn apple to stop manufacturing in India and imposed 50% tariff on Indian products in America. Thank you so much Sir for comment 🙏🥰
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Dear Shashwat
Reading your posts gives me a rare pleasure.
Thanks for liking my post “Gandhi”. 🙏🌹💕❤️
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Thank you so much Sir for your blessings 🙏🥰
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Global brands chase profits by making products where it’s cheaper, but rising tariffs turn the focus back to local businesses—making things costlier for everyone. If we keep choosing protectionism over open trade, both companies and everyday people could lose out, and the spirit of globalisation may fade away.
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Thank you so much Sir for a wonderful comment 🙏🥰😊
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get a load of this guy
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Thank you so much for comment 🙏😊
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Dear Shashwat
It was a different experience to read your post.
Thanks for liking my post ‘Humility’. ❤️💗🌹
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Thank you so much Sir for your blessings 🙏🥰
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A tariff war is a direct challenge to the very foundation of globalization—the free movement of goods and capital. While it may provide short-term political wins by appearing to protect local jobs, it poses a significant threat to global economic stability, potentially leading to a scenario where, as you mentioned, “everyone will lose.”
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Thank you so much Mam for wonderful explanation 🙏🥰😊
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Always 😇 🙏🌸
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