consumers to bear the burden

In the chess game of global trade, tariffs are a double-edged sword, and Donald Trump is no stranger to wielding them. His latest proposal to slap tariffs on all Chinese imports promises to target every product imaginable, from everyday essentials to niche industrial goods. Although Trump touts this strategy as a way to protect American interests, the ripple effects could drive inflation higher, leaving U.S. consumers to bear the burden Take ship-to-shore cranes, for instance, which are critical to U.S. infrastructure and which are entirely imported from China. A 25 percent tariff on these cranes has already added $131 million in costs to American ports. With no domestic alternatives, industries reliant on such imports find themselves trapped, unable to shift demand or dodge price hikes. It is a harsh reminder that protectionist policies often hit closer to home than intended. สล็อตเว็บตรง