'Campaigning is one thing and governing is another.'
The recent United State of America's Inflation Reduction Act (IRA) has made it clear that protectionism is back.
Anything that goes against the rules, principles and laws of free trade is like building a dam with a sieve.
[S]ubsidy measures have increased exponentially in recent years, and the world has entered a subsidy race.
Biden is seeking to boost his popularity among white males without college degrees.
Hence U.S. President Joe Biden’s (misnamed) Inflation Reduction Act (IRA).
The U.S. takes the risk of China invading Taiwan seriously.
[I]t is key that the EU comes to see the Inflation Reduction Act as an incentive and opportunity.
The EU is ... caught in the vise of competition between the major powers.
[T[he president needs to develop bipartisan agreements with an opposition that is not the least bit interested.
When it comes to the vice of protectionism, Europe is still several miles ahead of the U.S.