Part 6/8:
With countries now considering shifts in manufacturing bases and the US making clear its stance on trade imbalances, the future of China’s economic dominance is unclear. The pressures placed on them could lead to economic contraction, which would have cascading effects domestically and internationally.
Implications for International Relations
The tariff war is not just an economic skirmish; it reflects broader geopolitical strategies. The United States aims to reassert its position as the dominant economy while urging its allies to adopt a similar posture against China’s trade practices. This could lead to the formation of new coalitions focused on mutual economic interests that exclude Chinese participation.