Recent U.S. tariffs on trading partners around the world are sparking widespread concern. In a detailed discussion with CGTN's Li Shuang, economist and former New Development Bank President Marcos Troyjo warned that Trump's latest trade moves could bring unexpected risks. While the tariffs aim to leverage U.S. economic power abroad, they may also undercut domestic firms and increase uncertainty for U.S. consumers.
Troyjo emphasized that the moves might not only disrupt international trade flows but could also lead to higher production costs and supply chain challenges at home. For young global citizens, business professionals, and tech innovators tracking economic trends, the unfolding scenario serves as a reminder of just how interconnected today's markets are. With global trade under pressure, each policy decision can influence innovation, sustainability efforts, and economic opportunities far beyond national borders.
Reference(s):
cgtn.com
