Tariffs and Trade: Impacts on Small Businesses and Global Relations

This chapter examines the recent changes in U.S. tariffs and their effects on small companies, particularly regarding trade relationships in Southeast Asia. It discusses China's strategic responses to tariffs amid President Xi's visit to Vietnam and other nations, as well as Australia's new export tariffs to the U.S. and the challenges it faces in the pre-election landscape. Additionally, the chapter reflects on the ongoing negotiations between the U.S. and China, highlighting the complexities of international trade dynamics.