Trade Policy in Transition
According to the new decision, a 20% tariff will be imposed on goods from China. The main reason for this step is identified as the issue of fentanyl—a synthetic opioid whose spread is causing serious problems in the U.S.This initiative is seen as a significant shift in Washington's trade approach towards Beijing and may impact future economic negotiations between the two countries.
Justification of the Decision
Linking tariffs to public health issues demonstrates an attempt to use economic measures to address social problems. The introduction of the 20% tariff is viewed as a targeted measure aimed at combating the supply and production of substances used to create fentanyl.Economic Consequences
Experts warn that such a measure could have broad consequences for bilateral trade and global supply chains. The application of separate tariffs on Chinese goods may complicate economic relations between the two largest economies in the world and affect future trade negotiations.Illustration on the main page: scanx.trade.
