♦ The customs tariffs imposed by the American president:
‹ Donald Trump › have returned to the forefront of global economic discussions: after
renewed trade negotiations between Washington and Beijing, which recently resulted in a temporary framework .. to ease restrictions on some strategic goods.
The new agreement focuses on allowing the export of rare earth metals from China in exchange for easing some American restrictions on advanced technology.
Despite this progress, the tariffs imposed on key sectors such as semiconductors, aircraft, and pharmaceuticals remain in place, reflecting the ongoing tension in the global trade landscape.
Major economic institutions have warned of the cumulative effects of these policies, as the World Bank indicated an expected decline in global growth to its lowest levels in decades, while analytical entities estimated that the tariffs impose an annual burden on American families that could exceed $1200, with a decrease in real income reaching 8% in the long term.
And amid increasing legal challenges against the legal basis for these tariffs: .. the American administration is considering alternative options to ensure their continuity, which threatens to reshape the international trade landscape again, as analysts expect a rise in prices for some technological and consumer products… |