Trade Wars Backfire: A Century of Protectionism Fails ๐๐ธ
From Trump-era tariffs to historical blunders, why trade wars backfireโand what it means for global economies. ๐๐
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From Trump-era tariffs to historical blunders, why trade wars backfireโand what it means for global economies. ๐๐
As EU pushes back on U.S. tariffs, analysts warn of growing transatlantic tensions. Could this reshape global trade?
President Trumpโs new tariffs face widespread disapproval in the U.S. and Europe as polls reveal fears of rising prices and economic strain. ๐๐ผ #TradeWars
The EU imposes tariffs on over โฌ20 billion of U.S. goods, retaliating against Trump’s steel and aluminum duties. Will negotiations follow? ๐ช๐บ๐บ๐ธ
China pledges strong countermeasures against new U.S. tariffs, calling the move “bullying.” Trade tensions escalate. ๐๐ผ
Investors show growing confidence in China’s economic resilience as tariff challenges loom, driven by policy reforms and market potential. ๐
Countries, including Brazil, challenge Trump’s latest tariff moves, sparking debate over global trade rules. ๐ง๐ท vs. ๐บ๐ธ
UN Secretary-General Antonio Guterres warns that trade wars harm global economies, especially vulnerable nations, urging cooperation. ๐๐ผ
Trump’s proposed 50% tariffs spark fears of China-U.S. trade decoupling, with experts warning of 120%+ rates on Chinese imports.๐๐ผ
Experts warn Trump’s proposed ‘reciprocal tariffs’ could trigger inflation, job losses, and recession, destabilizing the U.S. economy.