#中美贸易关系 China has issued a warning to countries that may cooperate with the United States in restricting trade with China and has taken reciprocal measures, including increasing tariffs and controlling rare earth exports. Although the Trump administration proposed tariff exemptions in exchange for ally support, the actual effect has been limited—American tech giants are pressuring policy adjustments due to supply chain cost pressures, and most countries find 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 the importance of regional trade systems (such as RCEP) increasing, and the dominance of the US dollar being challenged by the promotion of the digital yuan. In the long term, the Sino-US competition will shift towards rule-making and technological competition. If the US continues to increase tariffs, it may trigger global recession risks, while China can enhance its resilience through domestic demand expansion and industrial upgrading.