The return of tariffs and might is right
25/10/24
In a just, rules-based order there are consequences for illegal behaviour.
In a “might is right” world, countries act with impunity. In that world, New Zealand has little power. We survived that world in the past by sheltering behind Mother Britain, and later the US.
Now imagine we have to survive that world when the US is imposing extortionate tariffs on our exports and Trump is demanding concessions.
A future in which we need trade and protection in a US bloc will not be easy or low-cost, and maybe not even possible.
Josie's Post column looks at our prospects as the rules-based world order fizzles.