U.S. President Donald Trump’s recent executive orders to impose a 25% tariff on steel and aluminum imports—with no exemptions—has sent shockwaves through global markets. Analysts warn the move could backfire, accelerating the U.S.’s economic decline while squeezing trade partners like Brazil. 🇧🇷
CGTN anchor Wang Mangmang spoke with Mario Vitor Santos, a Brazilian journalist and analyst, who emphasized that the tariffs could strain Brazil’s exports. Santos argued that such policies reflect a broader trend of “short-sighted” decisions harming U.S. global influence. 💥
The move comes amid growing concerns over trade wars, with experts warning that protectionist policies might isolate the U.S. economically. “This isn’t just about steel—it’s about trust,” Santos noted. Could Trump’s gamble speed up a shift in global economic power? 🤔🌍
Reference(s):
U.S. will hurt itself, Trump's move will speed up U.S.' decline
cgtn.com