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https://nbn-resolving.org/urn:nbn:de:0168-ssoar-101629-5

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The Global Tariff Tug-of-War: A Human Cost Caught in the Crossfire

[Zeitschriftenartikel]

Nag, Ruben

Abstract

In the quiet fields of Iowa, a farmer greets the sunrise with a mix of resolve and dread. Once a symbol of hope, the dawn now casts a shadow of uncertainty over his spreadsheets, which reveal a stark truth: the export route to China - a lifeline for his soybean crops - has withered under a 135% reta... mehr

In the quiet fields of Iowa, a farmer greets the sunrise with a mix of resolve and dread. Once a symbol of hope, the dawn now casts a shadow of uncertainty over his spreadsheets, which reveal a stark truth: the export route to China - a lifeline for his soybean crops - has withered under a 135% retaliatory tariff. This stems from a 10% tariff imposed on certain agricultural products in March, compounded by a 125% levy announced on April 11. Across the globe in Shanghai, a factory owner faces a parallel struggle. The cost of imported machinery has surged by 145% due to U.S. tariffs, threatening the viability of their production line. These two lives, oceans apart, are woven together by a shared reality - tariffs, once subtle tools of economic policy, have become blunt instruments in a high-stakes geopolitical chess match, reshaping livelihoods with every move.... weniger

Thesaurusschlagwörter
USA; Zollpolitik; Wirtschaftsbeziehungen; China

Klassifikation
Wirtschaftspolitik

Freie Schlagwörter
Trump, Donald

Sprache Dokument
Englisch

Publikationsjahr
2025

Zeitschriftentitel
IndraStra Global, 11 (2025) 4

ISSN
2381-3652

Status
Veröffentlichungsversion; begutachtet (peer reviewed)

Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.