#中美贸易关系 China has warned countries that may cooperate with the United States to restrict trade with China and has taken reciprocal countermeasures, including increased tariffs and export controls on rare earths. Although the Trump administration proposed tariff exemptions in exchange for allies' support, the actual effect was limited—American tech giants pressured policy adjustments due to supply chain cost pressures, and most countries found it difficult to bear the economic costs of decoupling from China.

This situation may lead to an accelerated restructuring of global supply chains in the short term, with an increased importance of regional trade systems (such as RCEP), and the dominance of the dollar being challenged by the promotion of the digital yuan. In the long run, the Sino-U.S. competition will shift towards rule-making and technological competition. If the U.S. continues to escalate tariffs, it may trigger a global recession risk, while China can enhance its resilience through domestic demand expansion and industrial upgrading.