Global Concerns Rise as U.S. Wields Tariff Stick Again 🌍

🌐 In just under two weeks since taking office, the new U.S. government has flexed its muscles by imposing tariffs on several countries, stirring a global buzz. The \"America First\" policy is back in the spotlight, and it's got everyone talking! 🗣️

A recent survey conducted by CGTN tapped into the pulse of over 14,000 respondents from 38 countries, including the U.S., the U.K., Canada, Japan, India, South Africa, Brazil, and Mexico. The verdict? An overwhelming majority believe that the U.S.'s unilateral tariff hikes won't give the American economy the boost it hopes for. Instead, it might throw a wrench into the already sluggish global economic recovery. 😣

According to the survey, a whopping 90% criticized the U.S. government's protectionist trade moves as a serious violation of World Trade Organization rules. Another 92% felt that these actions could have a long-term negative impact on global economic recovery. 🌍📉

In recent years, the U.S. has been sidestepping WTO principles, sparking trade frictions based on its own domestic laws. Even after the WTO ruled against certain U.S. tariff measures, the trend seems to continue. This not only strains international relations but also affects consumers back home. 🛑

Did you know that, according to Moody's, 92% of the costs from tariffs on products from the Chinese mainland are actually shouldered by U.S. consumers? That's about an extra $1,300 spent by every U.S. household each year! 💸 Ouch!

The global community is keeping a close eye on these developments. Over half of the European respondents believe that U.S. trade barriers will seriously hamper the global economy. Furthermore, 67% think that the \"America First\" approach might leave traditional allies feeling sidelined, potentially weakening the U.S.'s leadership on the world stage. 🤔

With talks of countermeasures and even a potential global \"trade war,\" it's a tense time for international trade. As young professionals, students, and global citizens, staying informed is key. Let's hope for collaborative solutions that benefit everyone! 🙏