The U.S. government has announced a 10 percent tariff on Chinese imports, marking another chapter in the ongoing trade tensions. Under President Donald Trump’s administration, tariffs have been a key economic weapon not only against China but also against America's close allies like Canada and the EU.
This new tariff storm raises concerns: when will the global economy recover from these escalating trade measures? Economists and industry leaders are closely watching the developments to gauge their potential impacts on international markets and economic growth.
Reference(s):
cgtn.com
