Trump’s Tariff Plans Signal Escalation in U.S. Trade Wars

Elected U.S. President Donald Trump announced plans to impose a 25% tariff on all imports from Mexico and Canada as part of his initial executive orders, alongside a 10% additional tariff on Chinese goods. These measures reflect a stringent shift in U.S. trade policy.

The Chinese Embassy in Washington warned that a trade war would be detrimental to all parties, highlighting the adverse impact of escalating tariffs on mutual economic interests.

The U.S.-China trade war has already intensified through mutual tariffs, with Washington targeting practices like intellectual property theft and seeking to address its trade deficit. China retaliated with similar actions, causing supply chain disruptions and slowing global economic growth during Trump’s first term.

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