#USChinaTensions US-China tensions remain elevated, marked by increasing tariffs and strategic competition. Recent actions include the US raising tariffs on Chinese goods to 145%, met with China's retaliatory tariffs of 125% on American products. These escalating trade barriers are impacting global trade, potentially causing a 0.2% loss in merchandise trade.

Beyond trade, tensions extend to technology, with the US aiming to curb China's advancements in sectors like semiconductors. Military competition in the Indo-Pacific and disagreements over issues like human rights and Taiwan further exacerbate the relationship. Despite some areas of potential cooperation, the overall trajectory points towards continued rivalry, influencing global geopolitics and the international economic order.