As the world steps into 2025, the U.S. is doubling down on tariffs—raising eyebrows and prices. 🇺🇸 President Donald Trump’s latest move slaps 25% tariffs on steel and aluminum imports, with threats of trillions in penalties for companies not producing domestically. But history tells us tariffs often hit back harder than they strike. 🔄
While the U.S. champions ‘free trade,’ its protectionist policies spark debate: Is this a golden age for America or a recipe for global economic turbulence? 🌍 From rising consumer costs to strained international relations, the documentary ‘The Tariff Boomerang’ unpacks how past U.S. tariff hikes backfired—and who foots the bill.
Catch the truth behind trade wars in CGTN’s documentary premiering February 11 at 7:30 p.m. BJT. Spoiler: Economics doesn’t care about politics. 📉✨
Reference(s):
cgtn.com