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🌍 Protectionism Backfires: Global Trade in Turmoil

🌍 Protectionism Backfires: Global Trade in Turmoil

Global economic tensions are reaching a boiling point as the US doubles down on aggressive tariff policies, sparking fears of a full-blown trade war. Over the past two months, experts warn these protectionist moves could derail decades of globalization and destabilize supply chains worldwide. 🌐⚡

Wan Zhe, a researcher at Beijing Normal University’s Belt and Road School, argues that weaponizing tariffs as a negotiation tool violates free trade principles. "This isn’t just about trade rules—it’s a systemic attack on the interconnected economy," she says. The approach risks triggering a domino effect, raising costs for businesses and consumers alike. 💸📉

Why does this matter to you? Think higher prices for everyday goods, delayed tech innovations, and fewer job opportunities as industries reel. While the US frames tariffs as a 'reset,' critics call it a short-sighted gamble that could isolate economies rather than strengthen them. 🤝➡️🚧

As young professionals and entrepreneurs navigate this shaky landscape, one thing’s clear: cooperation, not confrontation, might be the only way to avoid a full economic meltdown. Stay tuned as we track how this high-stakes drama unfolds. 📊🔍

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