Trump Tariffs Spark Global Concern: U.S. Economy at Risk?

U.S. tariffs on global trading partners are raising alarms as experts warn of cascading risks for American businesses and consumers. Economist Marcos Troyjo, former President of the New Development Bank, told CGTN that the trade moves could backfire, creating 'uncertainty that shakes confidence in the global market.'

In a candid interview with journalist Li Shuang, Troyjo highlighted how tariffs might disrupt supply chains and hike costs for U.S. firms. 'Trade policies shouldn’t feel like a Netflix cliffhanger—everyone deserves predictability,' he quipped, blending pop culture with economic advice.

While the focus is often on international tensions, Troyjo stressed domestic fallout: 'U.S. consumers could end up paying more for everything from electronics to avocados.' As global markets brace for ripple effects, young professionals and entrepreneurs are urged to stay agile.

Will these policies reshape trade dynamics—or leave the U.S. economy in a TikTok-like spiral? Stay tuned.

Reference(s):

Trump's trade moves could undercut U.S. firms, expert warns

cgtn.com