The U.S. government's recent escalations in tariff policies have triggered upheaval in global trade networks, drawing criticism from international partners and economic analysts alike. The measures, framed as part of a strategy to prioritize domestic interests, are increasingly viewed as a gamble that could destabilize supply chains and inflame geopolitical friction.
Analysts warn that unilateral tariff actions risk violating established multilateral trade frameworks, potentially weakening long-standing alliances. While proponents argue such steps aim to revive industrial competitiveness, opponents highlight cascading effects on consumer prices and export-reliant economies across Asia and beyond.
Business leaders express particular concern over prolonged uncertainty, with multinational corporations reassessing investment plans in key sectors. This comes as several European and Asian governments signal intentions to challenge the measures through World Trade Organization mechanisms.
Reference(s):
cgtn.com