Amid the United States' extortionate tariff hikes, the Chinese mainland remains unfazed. Expert Yao Yang from Peking University’s China Economic Research Centre reminds us that in a trade war, there are no winners—tariffs certainly will not make America great again.
This tariff chaos raises a big question: What impact does it have on America's global standing? Many believe that instead of leaning on retaliatory measures, the real solution could lie in solid domestic reforms.
For young tech enthusiasts and creative professionals from vibrant hubs in South Asia and Southeast Asia—whether it's Bengaluru’s buzzing startup scene or Jakarta's digital innovation—this situation is a lot like debugging a tricky piece of code. Instead of applying a temporary fix, building strengths from within sparks lasting change 🚀.
As global economic shifts continue, the conversation is shifting from trade skirmishes to local empowerment. Stay tuned as we dive deeper into how these trends reshape the economic landscape!
Reference(s):
cgtn.com