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Trump’s Trade War With China Catches the World in Its Crossfire

The New York Times•Tuesday, October 14, 2025 at 9:10:44 PM
NegativeFinancial Markets
Trump’s Trade War With China Catches the World in Its Crossfire
The ongoing trade war between the United States and China, marked by President Trump's imposition of steep tariffs on steel and aluminum, is creating significant global economic uncertainty. As other countries respond with their own tariffs, the ripple effects are felt worldwide, impacting industries and consumers alike. This situation matters because it could lead to increased prices and strained international relations, affecting not just the U.S. and China but economies around the globe.
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