At the China International Supply Chain Expo 2025 in Beijing, business experts gathered to examine how rising trade barriers are affecting the global market. In a pointed remark, Oliver Oehms, executive director and board member of the German Chamber of Commerce in North China, warned that higher tariffs create a no-win situation for everyone. 🚫🌍
Oehms noted that such trade barriers not only disrupt established supply chains but also jeopardize the economic ecosystem, ultimately stifling innovation and collaboration. With increased complexity in global trade, many are emphasizing that protecting local markets with steep tariffs often backfires, harming both domestic and international business communities. 💼📊
The expo, running from Wednesday to Sunday, has become a hub for professionals, entrepreneurs, and students eager to find fresh solutions and foster stronger economic ties. In an era where global interconnectivity is key, the call for open markets and unified efforts resonates strongly among all stakeholders. 🤝✨
Reference(s):
No-win situation under higher tariffs: German business chamber
cgtn.com
