According to the pre-announced decision, the United States has imposed a 25 percent increased tariff on Canada-Mexico, while the United States has imposed a 10 percent tariff on China in a month and a 10 percent tariff on China.
According to analysts, even if Trump imposes tariffs to put pressure on trade partners, it will have a negative impact on the global economy. If he talks about the production of domestic production and creating new jobs, it can harm the United States. New polarization may create new markets in the global economy.
Supply chain expert Cameron Johnson said, "The counter-tariffs are creating new polarizations in global trade. European countries are trying to reach out to US allies like China and Japan and Australia. China is also leaning towards the countries in their markets. The most important thing is that the world trade is no longer the same."
Analysts believe that such a decision could result in inflation in the United States, Cameron Johnson said, "We are in a trade war. The United States is taking advantage of its tariff policy, especially to its allies. Because, Osashington thinks they are lagging behind because of these countries."
Neighboring Canada and Mexico are seen as two of the top US trading partners, with 30 percent of the country's trade in imports and exports, according to statistics, which is estimated to be more than 1.6 trillion dollars, while the United States is heavily dependent on China for exporting agricultural products.
