Many people believe that the new tariff policy will backfire on the United States

According to CCTV coverage, recently, people from many countries said that the US policy of indiscriminate tariffs will not only affect the US economy, but also impact global trade. The biggest victim of the US tariff policy will be the United States itself. Khalid, a former commercial counselor of Saudi Arabia in China, said that for the US economy, this will lead to rising prices and will also affect financial marekt, which is a direct and unavoidable impact. At the same time, it will also have a huge impact on the world. International trade connects countries around the world, which will lead to turbulence in trade and international relations. If the tariff war continues, the situation will get worse. Virovac, a senior economist at ING Hungary, said that in the history of the world, there has never been an improvement or progress in the global economy through trade closure and protectionism.