China Gears Up, World Awaits Trump—Is a Global Trade War Inevitable? Who Will Bear the Impact?


China has now responded to Trump’s tariff war. On Tuesday, U.S. President Donald Trump’s new 25% tariff on imports from Mexico and Canada officially came into effect. At the same time, tariffs on Chinese goods have been doubled to 20%. This move is expected to escalate global trade tensions, affecting various industries and economies worldwide. China, which has been preparing for such measures, is likely to introduce countermeasures in response. Experts believe this trade conflict could disrupt supply chains and increase costs for businesses and consumers alike. As the tariff battle intensifies, the world watches closely to see how major economies react and adapt.

Please follow and like us:

Leave a Comment

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)

Scroll to Top