There are tariffs and then there is the tariff.
Trump has delayed the tariffs for all nations, except China. The baseline 10% stays but the reciprocal ones are gone, at least for now.
China, has been raised to 125%. What does this mean going forward?
▶️ 3Speak
Trump definitely did go nuclear on the rest of the world. For me I'm not looking at what the consequences or the fight back would be from other nations but the fact that history is being written and Trump is making this the image of America
"Raising tariffs on China might impact global trade. Do you think this move will benefit the US in the long run?"
Yes. China cannot win that war since it is a net exporter with the US (and most of the world). It will be worth watching weather the negotiations with other countries by the US includes them placing tariffs on China. The plan could be to try and isolate China.