South African scholar: US tariff policy is "self-destructive" and "cutting off its own retreat"
according to data from Jinshi, experts at home and abroad in the United States have been continuously issuing warnings recently, saying that the so-called "equal tariff" policy will severely damage its own economy. South African scholar Tan Zheri also expressed a similar view. He believes that the US tariff policy first hits the United States itself. To some extent, the United States is "losing face" and "cutting off its own path". The United States has put itself in a very passive situation, with fewer countries willing to trade with it. Global trade is shifting from the traditional Western center to other emerging centers, and many countries are beginning to reduce their reliance on the US dollar. Taking the African Free Trade Area as an example, I believe that African countries now have the momentum to accelerate the integration policy. In addition, regions such as Southeast Asia will also accelerate economic integration and maintain their internal diversity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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