Higher tariffs are a lose-lose game for global economies, says Oliver Oehms of the German Chamber of Commerce in North China. Speaking at the China International Supply Chain Expo 2025 in Beijing, Oehms emphasized that trade barriers stifle innovation and slow down supply chains – bad news for Gen Z’s favorite tech gadgets and eco-friendly solutions. 🚫⚡
With over 1,500 exhibitors at the expo showcasing next-gen logistics and smart manufacturing, the event highlights how interconnected today’s markets truly are. Oehms stressed: "Cooperation beats competition" when building resilient trade networks. His warning comes as governments worldwide debate new protectionist policies. 🌐🤝
For young professionals and entrepreneurs, this isn’t just about politics – it’s about smartphone prices, EV battery costs, and whether that viral #TikTokMadeMeBuyIt product will stay affordable. 📱💸 The expo runs through Sunday, with climate tech and AI logistics stealing the spotlight.
Reference(s):
No-win situation under higher tariffs: German business chamber
cgtn.com
