The world is in shock. President Trump imposed trade tariffs on steel and aluminum. The world talks about free trade and ignores a historical fact.
Until the second world war the main source of revenue for the Federal government of the United States where trade tariffs.
This global trade war will not create any winners, only losers. Just like every war. There is no winner,s only loosers.
But you can prepare yourself for the global trade war. By doing so we need to remember the world history. We all need to know that the United States are moving towards protectionism.
In the past, the United states was able to survive the protectionism by having a small government. The Federal government was weak. It was not sensible to purchase corrupt officers. They would have completely no power.
The real problem is that the current government, like most western governments, is powerful. It is sensible to bribe government employees.