Globalization: A System Under Strain

Globalization has long been seen as the engine driving economic growth, fostering international trade, and creating a more interconnected world. However, its drawbacks have become increasingly apparent, exposing vulnerabilities that many countries can no longer afford to ignore.

One of the core issues with globalization is dependence. Many nations have structured their economies around imports and exports, relying on other countries for essential goods, raw materials, and even energy. While trade can offer efficiency, it also leaves nations exposed to disruptions—whether from political conflicts, supply chain breakdowns, or shifting trade policies. The recent instability in trade agreements has demonstrated just how fragile these systems can be. The question arises: should any country rely so heavily on another for its survival?

Another concern is the hidden impact of tariffs. While presented as a tool for economic protection, tariffs function as a tax—one that falls directly on businesses and consumers. When governments impose tariffs on imports, the cost of goods rises, often without clear acknowledgment that it is consumers who ultimately bear the burden. Higher tariffs on essential products mean higher prices, creating inflationary pressure disguised as trade policy. In effect, it is an indirect form of taxation that affects the broader economy.

Despite these challenges, globalization remains embedded in the global economy. However, the need for a more balanced approach is evident. Countries must re-evaluate their supply chains, prioritize domestic production where feasible, and build resilience against external disruptions. Likewise, transparency in economic policy—especially regarding tariffs—is crucial to ensure that people understand how trade decisions impact their cost of living.

The question is no longer whether globalization works, but whether it can be reshaped to be more sustainable, fair, and less dependent on unpredictable economic shifts.