From the US and EU point of view, it's like if we don't have access to the critical minerals for the green economy, we will lag behind in terms of greening the global economy.
The whole agenda of the Trump administration is oriented toward correcting the past general shift toward a more government-managed economy, a more financialized economy, and going back to the real economy, where people make things.
The crisis is likely to accelerate the fragmentation of the global economy until a vaccine has been found and widely applied travel restrictions will remain Even afterwards local resilience will be prized over global efficiency.
No, the question I'd say is leaving aside the reaction on Wall Street, and I would agree very strongly that the American economy has become over-financialized, that there's been pumped up asset prices.
I'm wondering if the step down in February represented a newfound hostility toward American brands after President Trump took over, or if it's just run of the mill weakness in the Chinese economy.
A second Trump administration could still slow the greening of America's economy by fiddling with regulations and abandoning targets for decarbonisation, notes Wood Mackenzie, one more energy research firm.