
US Reciprocal Tariffs Rock Global Trade System
The April 2 US reciprocal tariffs policy has rattled the global multilateral trading system, raising alarms over rules-based trade and supply chains.
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The April 2 US reciprocal tariffs policy has rattled the global multilateral trading system, raising alarms over rules-based trade and supply chains.
Viral TikTok hacks on DHgate expose the flaws in U.S. tariff policy: from supply chain dependence and consumer costs to the myth of reshoring manufacturing jobs.
CF40 experts say boosting domestic consumption, raising incomes, and opening to foreign investment will help mitigate the impact of U.S. tariffs on the Chinese mainland economy.
Global business leaders, including Chinese mainland chamber executives, call for enhanced trade cooperation amid escalating U.S. tariffs and protectionist measures.
Cambridge economist Jostein Hauge states that Trump’s tariffs are unlikely to significantly impact China’s economy or serve as an effective boost for the US, highlighting China’s diversified trade partnerships.
U.S. tariffs on Canada, China, and Mexico could lead to higher consumer costs and retaliatory measures, potentially undermining economic goals.
New U.S. tariffs on Canada, Mexico, and China are set to increase construction costs and consumer prices, disproportionately affecting lower-income households and fueling inflation fears.
Trump’s steel tariffs could backfire by triggering inflation and trade realignments, warns Brazilian analyst Mario Vitor Santos, as global markets adapt to new economic realities.
New U.S. tariffs on steel and aluminum imports may drive up prices for canned goods and beverages, impacting consumer costs and supply chains, industry groups warn.
Economist Steve Hanke warns U.S. tariffs incentivize corruption through lobbyist-driven exemptions, disproportionately impacting small businesses and innovation.