Trump’s new tariffs announced recently continue to receive global backlash. China, Germany and Argentina responded quickly.
Trump’s Tariffs Draw Global Backlash
The tariffs that US President Donald Trump has revived continue to trigger global political and economic tensions. The harsh moves, especially from China, Germany and Argentina, show that tariffs can have not only economic but also geopolitical effects.
China: We Are Not Selling TikTok
The Beijing administration made an important decision following Trump’s new tariffs against China. China has rejected the sale of TikTok to the US. This sales agreement, which the Washington administration has been pressuring for a long time, has now been completely shelved. Chinese officials consider this step a “sovereignty issue” and are signaling that they will not bow to US economic pressure.
Germany: Gold Reserves in the US on the Agenda
Europe’s economic engine, Germany, is preparing a quieter but quite meaningful response to the tariffs. The Berlin administration is considering returning approximately 1,200 tons of gold held in the US Federal Reserve vault to the country. This step carries an important message not only in terms of economic independence but also financial sovereignty. According to experts, this decision shows that trust in economic cooperation in the Western world is being damaged.
Argentina is Pursuing a New Trade Agreement!
The voice rising from South America belongs to the Argentine President. The Buenos Aires administration, which wants to limit the effects of tariffs on exports and inflation in the country, has called for a new trade agreement with the US. This move by Argentina has once again revealed how vulnerable developing countries are to protectionist trade policies.
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