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Photo: USA - made in Pakistan

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The end of a Republican project - The Collapse of a Common Market

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 Import tariffs are a legitimate tool used by states to correct economic imbalances. All countries use them in one form or another, even if some, including the U.S., have chosen not to apply them to certain trading partners. The European Union operates as a common market, with zero tariffs on internal trade. Imports from outside the EU are taxed by each member state based on the type of product or service. Similarly, the U.S. created a common market with Mexico and Canada through the North American Free Trade Agreement (NAFTA), initiated by Republicans in 1988 (Ronald Reagan) and expanded in 1994 (George Bush sr.) and 2020 (by Donald Trump himself). The North American market became the third-largest in the world, after ASEAN and the EU. The sudden introduction of 25% tariffs on imports from Canada and Mexico for almost all product categories has led to the collapse of this common market, built by Republicans over decades. Before NAFTA The Trump administration’s decision does not me...

What did Putin want by invading Ukraine?

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  For three years, analysts, specialists in the ex-Soviet space, military experts, political scientists, psychologists, journalists and chibits keep trying to guess why Putin invaded Ukraine. Difficulty is given by the apparent lack of any political and economic logic behind such a gesture. Ukraine has no use value for Russia. The northern neighbor of Romania has a wide range of natural resources and an important agricultural capacity. But Russia already has all of that. A hypothetical total occupation of Ukraine would not economically bring anything more to the Russian Federation. Moscow already holds a huge hinterland, whose management is already creating big demographic and economic problems. Expanding the territory would only create new problems for it. Ukraine's resources would bring it nothing new, and the military occupation of Ukraine or part of it would increase the risks related to riots and terrorism. In addition, Ukraine is not and has not been among the ...