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Trump Tariffs Reshape Global Economic Landscape

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2025-08-20
     Trump's high tariffs are significantly reshaping global supply chains and international trade. Since early 2025, the average U.S. import tariff has surged to about 15%, hitting an 80-year peak, forcing multinational companies to revise production and logistics. Industrial supplier Fastenal has to split imports into multiple shipments, resulting in higher supply chain costs; Nike expects to pay one billion US dollars in import taxes this year, is working on cost reduction, and plans moderate price increases.
 
     Tariffs fuel inflation and strain U.S. trade relations, pushing Europe to seek alternative markets and bypass the U.S. Emerging supply chains are relocating from China to Southeast Asia and Mexico, marking a profound transformation in the global trade order. Although tariffs have increased U.S. government revenue, manufacturing investments and employment have not improved as expected. The long-term consequences remain uncertain amid ongoing economic shifts.
川普關稅
全球經濟
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新貿易途徑
供應鏈成本
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Trump's tariffs
global economy
inflation new trade approach
supply chain cost
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