Overview
- The U.S. has imposed a 145% tariff on Chinese imports, with China retaliating with 125% tariffs on U.S. goods, effectively stalling bilateral trade.
- Global markets are reeling from the economic fallout, with supply chains disrupted and businesses scrambling to adjust to the new trade environment.
- China is leveraging the situation to strengthen trade ties with Southeast Asia and Europe, positioning itself as a more stable partner than the U.S.
- Frequent shifts in U.S. tariff policies have created uncertainty, undermining business confidence and straining relationships with traditional allies like Europe.
- Experts warn the escalating conflict could lead to long-term structural changes in global trade, with nations diversifying supply chains away from both the U.S. and China.