Year: 2025
Type: article
Abstract: In the light of the general trend towards geo-economic fragmentation and regionalization of trade relations, new US protectionist measures may contribute to increased systemic turbulence in global markets, which poses risks to the stability of the global economy in the medium and long term. The lack of balanced coordination between the main centers of economic power can deepen structural imbalances and negatively affect the economic development of both developed and developing countries. It is hypothesized that the introduction of US tariff restrictions on China, the European Union and other trading partners is one of the key factors in increasing turbulence in the global market, which leads to disruption of global supply chains, increased price instability and transformation of trade flows. The research was carried out using the methods of systemic, comparative, index analysis, as well as SWOT analysis and case study methods. The research considers the consequences of the tariff policy of the United States of America towards China, the European Union and other trading partners, as well as its impact on the formation of instability (turbulence) in the world market. The authors analyze the main mechanisms of spreading the negative effects of trade conflicts, in particular, through disruption of global supply chains, redistribution of trade flows, price instability and increased uncertainty for international economic operators. The research results suggest a significant role of the US tariff policy as a factor of global economic turbulence and emphasize the need to find effective mechanisms to stabilise trade relations in order to reduce systemic risks in the global economy.
Source: SCIENTIA FRUCTUOSA
Authors: Anatolii MAZARAKI, Tetiana MELNYK
Institution: State University of Trade and Economics
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4410166525