Former U.S. President Donald Trump has proposed imposing an additional 50% tariff on Chinese imports unless the Chinese mainland withdraws its 34% tariff on U.S. goods. The warning comes as global trade dynamics grow increasingly volatile, with nations worldwide adopting retaliatory measures or negotiating new agreements amid economic uncertainty.
Analysts and major U.S. businesses have raised alarms about the potential fallout of such tariffs, warning they could further strain the U.S. economy and disrupt global supply chains. Internal divisions within Trump's political circle have also come to light, reflecting broader debates about the long-term impact of protectionist policies.
The escalating tensions highlight the fragile state of U.S.-China trade relations, with implications for international markets and regional economies across Asia. Observers note that sustained tariffs could reshape investment strategies, particularly in technology and manufacturing sectors reliant on cross-border cooperation.
