Recently, the United States announced a tariff increase on imported goods, including steel and aluminum, of up to 25%, triggering severe shocks to the global trade landscape. This move aims to protect domestic industries in the U.S. and enhance the competitiveness of manufacturing, but it has quickly provoked retaliatory measures from multiple countries. The European Union announced equivalent tariffs on U.S. goods worth $28 billion, while Canada imposed retaliatory tariffs of up to $20.6 billion on U.S. exports, and China added a 15% tariff on American agricultural products. Experts analyze that the tariff war will raise domestic prices in the U.S., weaken consumer purchasing power, and could lead to corporate outflows and job losses. Especially for companies reliant on exports, high tariffs act as a "double-edged sword"; in the short term, they may stimulate domestic production, but in the long term, they could damage international market competitiveness. The global supply chain faces reconstruction, and economies around the world may enter a new round of uncertainty, with the final impact of trade friction still needing time to be validated.
