US Tariff on China: Impact on Global Trade Relations
The US tariff on China has become a defining feature of international trade relations. Initially aimed at addressing trade imbalances and intellectual property theft, these tariffs have led to a tit-for-tat escalation between the two global powers. The US tariff on China has disrupted global supply chains and raised costs for businesses and consumers worldwide. The ongoing trade war is prompting many countries to reevaluate their trade policies and seek new trade agreements, ultimately reshaping global economic strategies.