Recent reports indicate that several businesses in the United States are experiencing difficulties due to escalating trade tensions between the U.S. and China. The administration has been implementing tariffs and other restrictions on trade flows, resulting in increased costs for companies involved in manufacturing and exporting goods. Analysis suggests these policies are impacting the overall economic activity within both countries. While the long-term effects remain to be seen, observers suggest this situation is accelerating a shift in global commerce.
Credits: Finance & economics