In my opinion, the unemployment rate in China will increase because the tariff percentage is high, and no one will want to order goods with such a markup.
IrinaIV
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#USChinaTensions The tension between the USA and China is escalating! On April 21, 2025, China accused the USA of "unilateral bullying" due to Trump's tariffs, which remain at 10% for all imports, with 145% on Chinese goods. China threatens "decisive measures" against countries supporting the USA and has reduced imports of American goods, including gas, to zero. The USA and the Philippines have begun military exercises, heightening geopolitical tensions. Bitcoin has risen to $83,500, but markets remain volatile. Negotiations between Trump and Xi Jinping have hit a dead end, which could lead to further breakdowns in relations. How will this affect the global economy? Share your thoughts!
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