Home
/
RELIGION & LIBERTY ONLINE
/
2019 G20 Summit: Tariffs and forbearance
2019 G20 Summit: Tariffs and forbearance
Oct 27, 2025 7:41 AM

As world leaders from a select group of the largest national economies meet in Osaka at the end of this week, they face increasing volatility and uncertainty around some of the basic principles and institutions that bring together their various peoples in the global marketplace.

The World Trade Organization may undergo serious reform in the face of hints from President Trump that the United States might withdraw amid broader dissatisfactions. The ongoing tariff battles between China and the United States foster concerns among statesmen and businessmen about the long-term openness of world trade. In the short-term, the creativity and dignity of individual entrepreneurs and laborers are subjected to presidents’ and prime ministers’ notions of justice and fairness.

In such moments, history provides useful reminders that things don’t have to be this way. It may seem that the geographically diverse mix of authoritarian leaders, such as Russia’s Vladimir Putin and Turkey’s Recep Tayyip Erdogan, with democratically-elected representatives including Australia’s Scott Morrison and Brazil’s Jair Bolsonaro, would automatically face insurmountable conflicts and obstacles to cooperation.

History, however, suggests otherwise. Most recently, the lowering of barriers to trade in the 19th century, and the resulting economic expansion, came at a time when democracy was still the exception in Europe, let alone the world.

Certainly the United Kingdom’s representative government led the way in economic liberalization, but the Prussian absolute monarchy followed closely behind. Both regimes saw the benefits to their people from respecting the freedom, dignity, and creativity of citizens and foreigners in the economic sphere.

An even sharper and more revealing contrast to today’s political es from an older period in Europe’s history. In his book, Barbarians to Angels: The Dark Ages Reconsidered, University of Minnesota Professor Peter Wells relays this message from Charlemagne, King of the Franks, to Offa, ruler of a portion of England, in 796 AD:

It is our will mand that [merchants] have full protection in our kingdom to transact their lawful business according to ancient practice. If they are anywhere unjustly treated, they should appeal to us and our judges and we will see that justice is done.

In this note, Charlemagne presents his approval for creative economic enterprise, and his willingness to use his political resources to protect honest and successful businessmen, even from other regions. Although Charlemagne was the more powerful political and military figure, his esteem for tradition leads him to treat Offa with respect, restraining his own ability pel or control trade and tradesmen in the two domains.

Wells relates further evidence that “trade expanded rapidly” during this early period of Europe liberated from top-down, centralized Roman regulations. Christian kings like Charlemagne, rather than embracing the “chaos and war” often assumed of the Middle Ages, practiced forbearance to bring political stability to Europe through the rule of law.

This differs sharply from the insults and machinations that have increasingly characterized global trade spats in recent years. Leading up to this G20 meeting, President Xi Jinping, for example, visited North Korea, a move interpreted as establishing his ability to influence that situation as an incentive to the United States for a trade deal.

Today’s leaders are willing to use a humanitarian crisis as an economic football. No wonder, then, that analysts foresee “lasting scars” from the current tariff battles, even if this G20 summit brings short-term resolution.

Of course, the technological revolutions and global integration of recent centuries plicated economic policy. Nor were medieval conditions an economic utopia.

Nevertheless, the role of government remains a right administration of justice, even in the digital age. While world leaders may be tempted to score personal political points at home through “successful” meddling in the global economy, their citizens would benefit more from economic liberty.

Holding powerful political figures responsible requires a strong moral culture and healthy social institutions, as found in Charlemagne’s kingdom. Absent these restraints, we can hope that world leaders at the G20 summit and elsewhere will realize the individual dignity integrated with free economic activity, encouraging the creation of wealth by ensuring the rule of law.

White House. This file is a work of an employee of theExecutive Office of the President of the United States, taken or made as part of that person’s official duties. As aworkof theU.S. federal government, it is in thepublic domain.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Wilfred McClay on friendship new and old
What is friendship? What does it mean to be or to have a friend? And why does Aristotle consider friendship a virtue and an important for political life? Wilfred McClay has a nice essay on friendship at the Hedgehog Review, where he reflects on the title of the song “My New, Old Friend.” McClay writes that he initially did not like the idea of a“new old friend,” first because true friendship is rare and takes time to develop, and second...
The UK Supreme Court’s dangerous ruling
This morning, the Supreme Court of the United Kingdom ruled unanimously that Boris Johnson unlawfully suspended Parliament and annulled hisorder to prorogue. Today’s Supreme Court decision holds deep importance for Brexit, EU corruption, and the rule of law. The Supreme Court branded Prime Minister Johnson’s order to prorogue Parliament “unlawful” and declared it null and void. Members of Parliament were told to act as though it had never taken place. Speaker John Bercow announced Parliament will return to session tomorrow...
5 key points of Donald Trump’s UN religious freedom remarks
President Donald Trump addressed the Global Call to Protect Religious Freedom on Monday, ing the first U.S. president to host a United Nations meeting on religious liberty. The heads of state of more than 130 nations and UN Secretary-General António Guterres attended. Here are five key themes of his address: 1. Rights are unalienable, because e from God. “The United States is founded on the principle that our rights do e from government; e from God. This immortal truth is...
Angela Dills on Uber and the social good
In recent years, Uber and other ride-sharing services have caused a lot of turmoil in urban transportation markets that have long been dominated by traditional panies. And with the arrival of a disruptive force in a market, many questions arise: who benefits from the disruptions caused by new technologies? How do those technologies and services fit into markets that have traditionally been heavily regulated? And what level of regulation is appropriate for the new styles of services? Angela Dills, Professor...
Pandering: The politician’s pastime
What if someone told you “politicians sacrifice long-term economic performance for individual, political gain”? Many people would yawn (or sigh) and say this is obvious, or perhaps they would say it’s obvious with respect to the politicians in that otherpolitical party (the one that opposes their own). Nathan Jensen and Edmund Malesky, however, have not only made the claim quoted above, they’ve set out to prove it through hard data and careful argumentation in their book Incentives to Pander: How...
Bailouts, moral hazards, and the scapegoating of the taxpayer
If pandering is the politicians’pastime, then we owe a special debt of gratitude to those who resist this seemingly irresistible force. Today, UK Prime Minister Boris Johnson confirmed that he refused to extenda £150 million government bailout to preventThomas Cook, the world’s oldest travel agency, from going bankrupt. Moreover, the prime minister explained his actions in both economic and moral terms. “It is perfectly true that a request was made to the government for a subvention of about £150 million​,”...
Fact check: Did ‘austerity’ kill 120,000 people?
Did stingy UK mit “economic murder” by slashing NHS funding? A clip of a self-described Communist accusing the government of killing 120,000 people has gone viral, but the facts do not bear out her contention. Ash Sarkar, who scored a glowing profile inTeen Vogueafter calling herself “literally a Communist,” made ment on the BBC programQuestion Time: Austerity was not just a bloodless balancing of the books it was paid for with people’s lives, 120,000 people. The reason why I’m so...
Remember the trees
In this week’s Acton Commentary I argue that pathos and politics isn’t enough to address the contemporary challenges of environmental stewardship in general and climate change in particular. I point to the necessity to recognize the gifts and responsibilities that God has given to humanity. This includes natural resources like trees and human endowments like ingenuity and creativity. And in case you think remembering the trees is too basic of an idea, I will say that I once attended an...
The Saddleback story: When a ‘call to missions’ results in entrepreneurship
When David Munson was 19 years old, he went on a missions trip and was sure he had discovered his ultimate vocation. “I just knew I wanted to do ministry for the rest of my life,” he says. Soon thereafter, he moved to Mexico to teach English as a way to kickstart his life in foreign missions. Yet through a range of unexpected encounters, he found himself designing leather products and selling them out of his truck. The weirdest part:...
10 facts about homelessness in America
The homeless represent the most vulnerable portion of Americans living in poverty. The latest U.S. government report on homelessness shows that a culture ofsecularism and statism isdepriving Americans of church philanthropy, curbing the free market’s ability to provide,and leaving the most vulnerablereliant on the government – or the mercy of the streets. The Council of Economic Advisers detailed their conditions in itsreporton “The State of Homelessness in America,” released last week. It found that “rent controls” may have priced homeless...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved