#USChinaTensions The tensions between the United States and China have significantly increased, which could trigger the largest trade war in history.
The tariffs imposed by the United States and China's retaliatory measures have intensified the tensions. Some experts believe these measures could have substantial economic effects in the short and medium term.
Causes and potential effects:
-Trade war: Tariffs could exceed an average of 20%, a level not seen since the 1930s.
-Economic uncertainty: Uncertainty about future trade policy affects consumer and business confidence.
-Risks to science: Scientific collaboration between the United States and China is being affected, which could delay global scientific progress.
Possible solutions:
-Internal pressure: Declines in the stock market and investor confidence could create political pressure to reduce tensions.
-Mediation: The European Union could play a crucial role in reducing tensions through mediation.