Tariffs and Trade: A Complex Landscape

This chapter examines the impact of recent U.S. tariff adjustments following Geneva negotiations on various sectors, particularly Chinese manufacturers and American small businesses. It highlights the challenges faced by the baby gear industry in the U.S. and the electronics sector in Singapore, both grappling with increased costs and supply chain disruptions. Additionally, it offers insights into the ongoing geopolitical dynamics, including the Russia-Ukraine conflict, underscoring the significance of global perspectives in understanding these trade tensions.