Global Economic Consequences of the US-China Trade War

The US-China trade war, which began in 2018, has had significant global economic consequences. Tariffs imposed by both countries have led to higher prices for consumers, disrupted supply chains, and slowed economic growth. The trade war has also had a negative impact on global trade, investment, and investor confidence. While the full extent of the economic consequences remains to be seen, it is clear that the trade war has had a far-reaching impact on the global economy.