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the global economic recovery in 2026
nations facing unfair disadvantages
A Widening Gap Between Economic Reality and Climate Objectives At their essence, climate-related tariffs are designed to incentivize industries everywhere to reduce carbon emissions. Richer countries — especially in the EU and sections of North America — conte…
Read more ↗31 the EU’s Carbon Bord ...
What CBAM Actually Does The CBAM puts a price on carbon for certain imported goods — steel, cement, aluminum, fertilizers, hydrogen, and electricity — based on how much CO₂ is emitted during production. Essentially, if their home country…
Read more ↗“reshoring” and “friend-shoring”
Why tariffs do nudge companies to reshore or friend-shore Cost pressure from tariffs. When imported goods face new taxes, sourcing abroad becomes less attractive. U.S.–China tariffs, for example, raised the cost of importing everything from machinery to electr…
Read more ↗electric vehicles and green tech slow ...
How tariffs can raise consumer prices (the mechanics) Direct pass-through to final goods. A tariff is a tax on imported goods. If importers and retailers simply raise the sticker price, consumers pay more. The fraction of the tariff…
Read more ↗replacing free-trade principles with ...
Are Tariffs the "New Normal" in International Trade? The landscape of global trade in recent years has changed in ways that are not so easily dismissed. The prevalence of tariffs as a leading policy tool appears, at least…
Read more ↗China’s steel exports influenci ...
China’s Steel Surge In 2025, China’s steel exports are projected to hit record highs—around 115 to 120 million metric tons. To put that in perspective, that’s more than the total steel production of some entire regions of the…
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How tariffs slow an economy (the simple mechanics) Higher import prices → weaker demand. Tariffs raise the cost of imported inputs and final goods. Companies either pay more for raw materials and intermediate goods (squeezing margins) or pass…
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