Lates News

Institutional analysis indicates that the tariffs imposed by US President Trump are increasingly hindering the operation of the world economy, which has been driven for decades by predictable and relatively free trade. From well-known multinational companies to niche e-commerce businesses, many have recently lowered sales targets, warned of layoffs, and re-evaluated their business plans. At the same time, several major economies have lowered their growth expectations due to sluggish economic data. Isabelle Mateosy Lago, Chief Economist at BNP Paribas, stated, "US tariff policy will have serious negative impacts on the world in the short term." She pointed out that currently, most US tariffs are set at a baseline level of 10%, with higher specific tariffs for products such as steel, aluminum, and cars, and the "final battle" of this tariff policy may be further than expected and come at a higher cost.