#TrumpTariffs Trump to the forefront of the global economic discussion after renewed trade negotiations between Washington and Beijing, which recently resulted in a temporary framework to ease restrictions on some strategic goods. The new agreement focuses on allowing the export of rare earth metals from China in exchange for easing some American restrictions on advanced technology. Despite this progress, tariffs imposed on key sectors such as semiconductors, aircraft, and pharmaceuticals remain in place, reflecting ongoing tensions in the global trade landscape. Major economic institutions have warned about the cumulative effects of these policies, with the World Bank indicating a projected decline in global growth to its lowest levels in decades, while analytical entities estimate that tariffs add an annual burden on American households that could exceed $1,200, with a long-term drop in real income reaching 8%. Amid increasing legal challenges against the legal basis for these tariffs, the U.S. administration is considering alternative options to ensure their continuation, which threatens to reshape the international trade landscape once again. Analysts also anticipate a rise in prices for some technological and consumer products, amid concerns of a resurgence of inflationary pressure on
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