Were we lied to back then or are we lied to today?
My undergrad and grad course in economics taught that free trade is a net benefit to all parties.
Now the US and Europe have largely thrown out free trade.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
Were we lied to back then or are we lied to today?
My undergrad and grad course in economics taught that free trade is a net benefit to all parties.
Now the US and Europe have largely thrown out free trade.
From today, customs duties apply to e-commerce parcels worth up to €150 entering the EU.
— Ursula von der Leyen (@vonderleyen) July 1, 2026
30 million Europeans work in retail; it's our our largest private-sector employer.
And the surge in low-value online imports has put our retailers at an unfair disadvantage.
Too many of…