Since 1850, the U.S. has gone through cycles of protectionism and antitrust activity, but the two have never coincided —until now. The U.S. has shifted markedly towards protectionist policy, increasing tariffs over the past 18 months while simultaneously launching a series of antitrust investigations (into Big Tech and the auto industry, to name just two). Protectionist cycles usually last about a decade, while antitrust cycles extend further.
What Happens When Antitrust and Protectionism Cycles Collide
It’s rare for these two forces to occur simultaneously.
December 04, 2019
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Summary.
The cycles of anti-trust and protectionist cycles, which usually alternate, are occurring simultaneously. This adds to the complexity and uncertainty of the economic environment and those responsible for charting corporate strategy or setting capital investment priorities should consider the implications. Should they adopt a strategic vision that prepares them for a global tectonic shift — or for a long economic boom?