America’s Protectionist Turn is at least 15 years Old
It didn’t start with the Inflation Reduction Act or Trump.
It started as early as 2008, and took the form, as this article identifies, of four key forces.
Things in global trade wars move slowly.
“If this analysis is correct, it should be clear that the American protectionist turn has been taken for a long time and will last long, as one doesn’t see the main forces that provoked it changing direction, starting with the desire to push China back.“