Trump’s Trade War: Uncovering the Hidden Costs for China and Global Economy

President Trump recently imposed new tariffs on China, demanding action against chemical companies involved in the fentanyl crisis, which has claimed over 400,000 American lives in the past decade. While addressing drug trafficking is crucial, relying solely on tariffs may escalate tensions, hindering cooperation. Originally, President Biden’s administration effectively addressed this issue through sanctions and international collaboration. Biden’s strategic diplomacy sparked a renewed commitment from China to tackle fentanyl production. With overdose deaths declining by 24% in the past year, further efforts are needed. Trump’s approach must prioritize dialogue and enforcement over tariffs to sustain momentum in combating this crisis. Ultimately, cooperation between the U.S. and China is essential for meaningful progress.