Source: Common Dreams
by Medea Benjamin & Nicolas JS Davies
“Not a day goes by without a new shock to Americans and our neighbors around the world from the Trump administration. On April 22nd, the International Monetary Fund (IMF) downgraded its forecasts for global growth in 2025, from 3.3% to 2.8%, and warned that no country will feel the pain more than the United States. Trump’s policies are expected to drag U.S. growth down from 2.7% to 1.8%. It’s now clear to the whole world that China is the main target of Trump’s trade wars. The U.S. has slapped massive tariffs (up to 245%) on Chinese goods. China hit back with 125% tariffs of its own and refuses even to negotiate until U.S. tariffs are lifted. Ever since President Obama announced a U.S. ‘pivot to Asia’ in 2011, both U.S. political parties have seen China as the main global competitor, or even as a target for U.S. military force.” (04/28/25)
https://www.commondreams.org/opinion/how-to-avoid-trade-wars-and-world-war-iii