U.S. Tariff Imposition: How Long Can Dollar Hegemony Last?
In the current globalized economic landscape, any slight changes in international trade policy reverberate through the world economy. Recently, the U.S. imposition of tariffs has become the focal point of attention, affecting not only the trajectory of the U.S. economy but also having profound implications for the global economic landscape.
One, Overview of the U.S. Tariff Imposition
The current U.S. tariff imposition involves multiple countries, including important trading partners such as China, Mexico, and Vietnam. This move is not coincidental but rather a significant adjustment in the U.S. government's trade policy. In recent years, the issue of the U.S. trade deficit has become increasingly prominent, and the U.S. government believes that imposing tariffs can improve the situation of trade imbalance while achieving other economic and political goals. In terms of specific implementation, the tariffs cover numerous categories of goods, from everyday consumer goods to industrial products, affecting almost every aspect of the economy. This poses huge challenges for exporting companies in the related countries, as costs surge and market shares are threatened.
