"Countries want to take advantage of the economic gains that come from bilateral trade. But there’s no guarantee with this administration." @dartmouthecon.bsky.social professor @douglasirwin.bsky.social discusses why trade disputes often de-escalate despite aggressive negotiating tactics.
Escalation tactics in trade negotiations with the U.S. prove to be a minefield
Countertariffs can provide leverage, but they run the risk of creating blowback that makes matters worse
theglobeandmail.com