#USChinaTensions US-China tensions are escalating into the biggest trade war in history, with significant economic implications. The US has imposed tariffs on Chinese imports, reaching 125% on some goods, while China retaliates with its own tariffs. This trade war affects not only both countries but also global trade, potentially disrupting supply chains and slowing economic growth.

*Key Areas of Tension:*

- *Trade*: Tariffs on steel, aluminum, automobiles, and auto parts

- *National Security*: Restrictions on critical inputs like rare earth elements

- *Economic Competition*: Competition for global economic influence

The uncertainty surrounding US trade policy and potential reactions from other countries negatively impacts consumer and business confidence ¹.