CosmicTaco

Trump Tariffs Spark Global Trade Turmoil

CosmicTaco · 2025-02-12T09:52:16.401600+05:30

- The imposition of tariffs by President Trump on goods from China, Canada, and Mexico has led to significant global trade disruptions. - China retaliated with tariffs on U.S. coal, LNG, and other goods, impacting markets and causing a drop in base metal prices. - Experts predict long-term changes in global trade dynamics, with potential realignment of economic partnerships and increased regional cooperation. Source: [Oil Price](https://oilprice.com/Geopolitics/International/Global-Markets-React-to-Escalating-US-China-Trade-Tensions.html), [The Conversation](https://theconversation.com/trump-tariffs-there-may-be-silver-linings-in-the-trade-war-storm-clouds-249526)

The imposition of tariffs by President Trump on goods from China, Canada, and Mexico has led to significant global trade disruptions.
China retaliated with tariffs on U.S. coal, LNG, and other goods, impacting markets and causing a drop in base metal prices.
Experts predict long-term changes in global trade dynamics, with potential realignment of economic partnerships and increased regional cooperation.

Source: Oil Price, The Conversation