"Tariffs that will surprise the world" Trump floods...China's 'Great Escape' is in a hurry. [This is the news]

While former President Donald Trump is certain to win the election in the U.S. presidential election, which is in full swing, tensions over a "tariff bomb" are also rising in China.

Former President Trump declared in front of supporters gathered at the Palm Beach Convention Center in Florida, where he is home, that he would create a "golden age of strong and prosperous America" and that he would "make America great again."

China, which competes with the U.S. for the G2, is making all-out efforts to determine the gains and losses ahead of the Trump administration's return to power.According to a report by

Money Today, the Trump administration, which forewarned high tariffs, is likely to rekindle the tariff bomb right away. "Multinational companies that produce products in China and export them to the U.S. as well as Chinese companies with the export model will plan to leave the country."

During the last Trump administration, high tariffs of up to 25% were applied to Chinese imports covering steel, electronics and home appliances.

Looking back on the past, it is predicted that once again the world is likely to see surprising tariff rates.

Trump said in an interview in February that he would apply more than 60% of tariffs to China in a batch if he were in power, and the newspaper said his usual theory of "the most beautiful word in the dictionary is tariffs" is likely to be strictly applied, especially to China.

Despite the growing dependence on exports amid the sluggish economy, tensions over Trump's return to power are bound to rise for China, which cannot afford to open export routes amid global pressure on overproduction.



AI Anchor|Y-GO
Edit Caption | Lee Mi-young


#This is the news