The True Cost of Trump’s Tariffs on U.S. Consumers
U.S. President Donald Trump’s tariffs may be costing American consumers more than expected, potentially harming global economic growth, according to a Chinese government white paper.
Global Economy
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When Tariffs Backfire: Lessons from US Trade Wars
History shows that US trade wars have often led to global economic downturns. From the Great Depression to today, protectionist policies can backfire, affecting economies worldwide.
Why U.S. Tariffs Could Backfire and Hurt Everyone, Including the U.S.
U.S. tariffs aimed at protecting American interests may actually hurt the U.S. economy and global trade, leading to higher consumer costs and economic instability worldwide.
U.S. Tariffs Trigger Economic Turmoil at Home and Abroad
The U.S. faces economic challenges as recent tariffs backfire, affecting domestic markets and straining international relations in a self-defeating trade war.
China Boosts Tariffs on U.S. Imports to 84% After U.S. Hike
China will raise tariffs on U.S. imports to 84% starting April 10, responding to the U.S. tariff increase on Chinese exports. The move escalates trade tensions between the two nations.
U.S. Tariffs Shake Up Africa’s Trade, China Offers New Opportunities
U.S. tariffs are impacting Africa’s trade, but regional integration and partnerships with China offer new opportunities for growth and resilience.
China Highlights 46 Years of U.S. Trade Growth in New Report
A new white paper from China reveals the steady growth of China-U.S. trade relations over the past 46 years since diplomatic ties were established, highlighting key data and China’s perspectives.
China Unveils White Paper Calling for Fair Trade Talks with the US
China has released a white paper emphasizing the importance of fair trade talks with the US, urging cooperation based on mutual respect to boost global economic stability.
UN Chief Warns: ‘Nobody Wins in a Trade War’
UN Secretary-General António Guterres warns that ‘nobody wins in a trade war,’ expressing concern over rising tariffs impacting vulnerable developing countries.
WTO to Discuss Impact of U.S. Tariffs Amid Global Trade Tensions
The WTO is holding informal consultations to discuss the impact of rising trade tensions, following the U.S.’s announcement of new tariffs and warnings from economists about a potential recession.