How Economic Warfare Impacts Energy

Columbia Energy Exchange · Feb 11, 2025 · 1h 2m

At the start of February, President Trump launched a trade war. The president announced sweeping tariffs on goods imported from China, Canada, and Mexico. Although he temporarily backed away from the highest penalties, Trump clearly indicated that tariffs will be central to his policy agenda. This follows the Biden administration's embrace of steep tariffs on electric vehicle imports from China, and sanctions against Russia aimed at stifling its energy sector. These economic chokepoints are part of a broader shift of the global economy. Countries are weaponizing economic power through…