May 1, 2025
eNews
The U.S.-China trade war and what it means for credit managers
Tariffs have long been a tool of international trade policy, used by countries to influence economic relationships and protect domestic industries. However, they can also result in higher prices for consumers and provoke retaliation from other nations—actions that may weaken exports and slow economic growth. When countries impose tariffs or other trade barriers on one another, it can escalate into what is known as a trade war.