Gate.io News bot, according to CCTV News, people from many countries recently said that the abuse of tariff policy by the United States will not only affect its own economic development, but also have an impact on the global trade order, and the ultimate victim will be the United States itself.
Khalid, former Saudi commercial counselor to China, pointed out that this policy will directly lead to rising domestic prices in the United States and have an inevitable negative impact on the financial market. He stressed that such an approach would lead to instability in trade relations and international relations, as international trade is closely linked to countries, and the situation will be further exacerbated if the tariff war continues.
Virovac, senior economist at ING Hungary, said that throughout world history, trade closures and protectionism have never brought any improvement or progress to the global economy.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
