New U.S. tariffs on dozens of trading partners—ranging from 10% to 41%—kicked in this week, sparking debates over their economic rationale. CGTN host Tian Wei sat down with Yuqing Xing, a Tokyo-based trade policy professor, who called the move “chaotic” and argued that the U.S. is leveraging its power to demand compliance without allowing retaliation. 💥
Xing criticized the idea of “reciprocal tariffs,” stating they lack sound economic foundations. “This isn’t reciprocity; it’s a one-way street where the U.S. pressures others while expecting no pushback,” he said. The tariffs, imposed under former President Donald Trump, risk escalating trade wars as affected countries weigh responses. 🌐
With global markets already navigating post-pandemic recovery, experts warn such policies could disrupt supply chains and inflate consumer prices. Will this strategy backfire? Stay tuned as tensions unfold. 📉✨
