Major Challenges Ahead for Trump Team – losangeles365.info

The recent surge in trade tensions involving Canada and China presents a critically important challenge for the incoming U.S. administration’s trade agenda. Both countries have promptly enacted retaliatory tariffs following the United States’ imposition of new duties, illustrating the far-reaching consequences of American trade policies.Canada has imposed steep tariffs on key agricultural exports such as dairy, while China has targeted American technology sectors with increased levies on semiconductors and related products. These retaliations not only heighten economic friction but also threaten to disrupt global supply chains and unsettle international markets.

Experts emphasize several pressing obstacles the new U.S. leadership must address:

• Heightened Diplomatic Strains: Worsening relations with vital trade partners complicate diplomatic negotiations.
• Market Volatility: Unpredictable…