To understand Myanmar’s current
To understand Myanmar’s current crisis, it is essential to look at the escalating trade tensions between the United States and China. Since 2018, the U.S. has imposed increasingly aggressive tariffs on Chinese goods to reduce trade deficits and protect domestic industries. These deficits stem from factors such as China’s currency manipulation, integrated global supply chains, and strong U.S. consumer demand. Under President Trump’s renewed administration in 2025, these measures intensified. On April 2, 2025, he announced a sweeping new tariff plan: a blanket 10% tariff on all imports and a 34% hike on Chinese goods, bringing the total tariff burden on some Chinese imports to 54%. Specific tariffs surged even higher in the following weeks, reaching 145% on select items. สล็อตเว็บตรง