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Tariff Turbulence: Global Reactions and Ramifications
This chapter explores the backlash from the Chinese government over U.S. tariffs, describing them as unilateral bullying that disrupts global trade. It highlights the economic implications for Southeast Asian nations and the EU, detailing potential trade reductions and the responses from affected countries like Germany and South Africa. The chapter also emphasizes the challenges faced by businesses dependent on imports and the mixed reactions to Trump's trade strategies, hinting at the precarious nature of international negotiations.