2025.04.03 22:40 GMT+8

Global Watch Editor's Pick Ep. 64: U.S. tariffs—cost of going it alone

Updated 2025.04.03 22:40 GMT+8
CGTN

The Trump administration's planned tariffs started April 2, 2025, including duties on cars, pharmaceuticals, semiconductors, copper and lumber. American consumers and businesses, particularly working families, will face increased costs on vehicles and essential goods. Higher production expenses could limit U.S. competitiveness, disrupt global industrial and supply chains, and weaken overall economic growth. Critics argue such unilateral measures isolate the U.S., harming international cooperation essential for sustainable economic stability, growth and fairness globally.

Copyright © 

RELATED STORIES