US President Donald Trump has imposed high tariffs on goods imported from various countries. He says the goal is to strengthen the American economy and create jobs. Experts, however, note that these measures are pushing exporters toward other markets, especially China.
Brazil, the world’s largest coffee producer, faced a 50% US tariff on its products. As a result, Brazilian companies are actively entering the Chinese market. Hundreds of firms have already registered to export coffee to China.
Similarly, India’s tea and seafood producers are also struggling with trade difficulties with the US. They are considering China and Europe as alternative destinations. Specialists warn this process may lead to higher prices for American consumers.
Analysts believe Trump’s tariff policy will ultimately burden American consumers, while exporters strengthen ties with China and other major markets.
Read 'Zamin' on Telegram!
