Trade Wars: No Winners, Only Consequences

Beijing just made it clear there are no winners in a trade war.

Yet, with Trump imposing fresh tariffs (10% on Chinese imports, 25% on Canadian and Mexican goods), the economic battlefield is heating up.

The justification? A “national emergency” tied to immigration and fentanyl. The DEA even backs Trump’s claims, stating that China is a key link in the global fentanyl supply chain.

Meanwhile, China vows countermeasures, warning that these tariffs will strain future cooperation on critical issues like drug control.

Tariffs aren’t just numbers on a spreadsheet they reshape economies, disrupt supply chains, and redefine global relations.

With major economies fighting, the question isn’t just who will retaliate next? but at what cost?

Are tariffs an effective strategy, or are they a double-edged sword that hurts everyone in the long run?

Would love to hear your thoughts!