The recent pause in tariffs by US President Donald Trump has caused a stir in global markets, with some accusing him of market manipulation. However, many believe this move may be a strategic tactic to renegotiate global trade agreements in favor of the United States.
After imposing reciprocal tariffs on imports in the early hours of Wednesday, Trump’s initial decision sent shockwaves through the markets, causing prices to plummet. However, in a surprising turn of events, Trump reversed course within hours, lifting additional taxes on imports for many nations, resulting in a significant boost in the stock market.
Despite this, China has been hit the hardest, with Trump choosing to maintain and even increase tariffs on Chinese imports. This move has raised concerns about the impact of the ongoing US-China trade war on both economies and global trade relations.
Experts like Timor Besedes from the Georgia Institute of Technology, Glenn Tiffert from the Hoover Institution, and Bruce Stokes from the German Marshall Fund provide valuable insights into the potential repercussions of these tariff hikes on various nations.
As the situation continues to evolve, it remains uncertain who will ultimately bear the brunt of the tariff increases. However, one thing is clear – the US-China trade war is far from over, and its effects will be felt on a global scale.
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Video “US-China trade war: Who will suffer most in the tariff hikes? | DW News” was uploaded on 04/12/2025 to Youtube Channel DW News