The ‘Turnberry system’ - what the US’ new global economic order looks like
Published on: Aug. 16, 2025, 5:19 a.m. | Source: The Indian Express
The US has adopted a carrot and stick approach, according to Trade Representative Jamieson Greer, with non-compliance by trade partners to result in higher tariffs, or the stick. The carrot, meanwhile, is just the chance to sell your goods in the world’s biggest market.
