#美国加征关税 impacts global economy with red envelopes 🧧(੭˙ᗜ˙)੭🧧🧧🧧🧧🧧🧧🧧 8888 since 2025, the United States has implemented a series of tariff measures that have had a significant impact on the global economy and trade patterns. The relevant situation is as follows:

Main Measures

- Tariffs on China: On April 2, 2025, the U.S. government announced the imposition of 'reciprocal tariffs' on goods imported from China. On April 8, the tariff rate was raised from 34% to 84%. Subsequently, high-level economic and trade talks between China and the U.S. made substantial progress, with the U.S. agreeing to cancel a total of 91% of the tariffs imposed on Chinese goods based on Executive Order 14259 issued on April 8, 2025, and Executive Order 14266 issued on April 9, 2025, while modifying the 34% reciprocal tariff imposed on Chinese goods under Executive Order 14257 issued on April 2, 2025, with 24% of the tariffs suspended for 90 days and retaining the remaining 10%.

- Tariffs on other countries: On July 31, President Trump announced the implementation of a global tariff policy covering nearly 70 countries, with tariff rates ranging from 10% to 41%. Among them, developing countries like Syria, Myanmar, and Laos were subjected to the highest tariffs of 41%. Canada was subjected to a high tariff rate of 35% effective August 1, and the rates for India and South Africa were set at 25% and 30%, respectively.

Impact

- Impact on the U.S. itself: The tariffs imposed by the U.S. have led to domestic supply-side chaos, rising prices, and a sharp decline in confidence across various sectors. They have also resulted in high inflation, sluggish employment, weak consumption, and shrinking investment, increasing the risk of economic recession, while also putting the U.S. government in significant debt with growing fiscal pressure.

- Impact on the global economy: The U.S. tariff actions will reduce global demand in the short term, leading to rising import prices and further exacerbating inflationary pressures. The uncertainty of tariffs may also weaken consumer and business confidence, intensifying fluctuations in financial markets, and may lead countries to respond by further raising trade barriers, thereby exacerbating geopolitical economic divisions and causing lasting harm to the global economy.