In a bold move, US President Donald Trump has issued an executive order imposing additional tariffs ranging from 10% to 25% on imports from Canada, Mexico, and China. 📈 This decision marks the beginning of a new wave of trade tensions between the United States and three of its largest trading partners.
These increased tariffs aim to protect American industries but have sparked concerns about potential disruptions in global supply chains. 🚧 As businesses navigate these changes, experts warn of possible long-term impacts on the global economy.
In the special three-part series \"Chain Reaction: Navigating Fragmentation\" on CGTN, BizTalk explores how the US's rising trade protectionism could lead to decoupling and significant supply chain disruptions, affecting economies worldwide. 🌍 Stay tuned as we delve deeper into these developments and what they mean for the future of global trade.
Reference(s):
cgtn.com