On April 2, the U.S. kicked off a global tariff war by imposing a 10 percent baseline tariff on all imports, with select partners facing steeper reciprocal levies approaching 50 percent. The move sent shockwaves through markets worldwide.
90-Day Pause, Lasting Ripples
Amid the turmoil, Washington suspended most tariffs for 90 days, pledging to reopen talks by July 9. But despite the temporary reprieve, businesses and investors have already felt the squeeze—and the administration’s “90 deals in 90 days” promise now hangs in the balance.
The Tariff Boomerang II: A Hard Look
China Global Television Network’s special feature, The Tariff Boomerang II, dives deep into the fallout. Through data-driven analysis and expert interviews, CGTN explores how a policy meant to land a knockout punch on trade partners may have rebounded on the U.S. itself, driving up costs across the board.
Global Perspectives
The Tariff Boomerang II brings together voices from around the world to weigh in: did the U.S. unleash a strategic masterstroke, or simply send economic boomerangs flying back home?
Reference(s):
cgtn.com
