Why US tariffs could backfire
- Posted on July 28, 2025
- By The China Daily
- 3 Views
Why US tariffs could backfire
Next time when there is a debate on tariffs — on products such as cars, wine or steel — it is worth remembering that trade is not governed by simple rules. It is more like making good wine: many factors must come together in the right balance, and one misstep can spoil the whole process.
