🚨 **Trade War Escalates**: Former U.S. President Donald Trump’s proposed tariffs on Chinese goods—dubbed ‘Obliteration Day’ by critics—have sparked fears of soaring prices and economic chaos. Analysts warn the move could backfire, hitting American wallets harder than Beijing’s resolve.
💡 China, the world’s manufacturing hub, exports everything from smartphones 🧩 to gaming consoles 🎮 to the U.S., while importing aircraft and soybeans. Retaliatory tariffs now top 125%, but experts say China’s diversified supply chains might soften the blow. Meanwhile, U.S. consumers could struggle to find affordable alternatives to everyday gadgets 🖥️ and toys.
📉 **Voter Backlash**: Trump’s core supporters—many who backed him for economic revival—now face uncertainty. ‘Economic nuclear winter’ fears loom as inflation spikes and layoffs threaten. \“The U.S. is picking a fight with a rival that’s been preparing for decades,\” Bloomberg noted.
🌍 **Global Ripple Effect**: Small businesses and global markets brace for turmoil. Will this gamble reignite America’s economy… or unravel it? Time will tell.
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Trump's 'Obliteration Day' tariffs only strengthen China's resolve
cgtn.com