Donald Trump’s impending return to the presidency has injected a fresh wave of economic anxiety worldwide, reviving debates over trade, tariffs and America’s role in the global order. The arrival of Trump 2.0 could potentially unravel the post-Cold War era’s open-market model, as Trump is expected to implement a fiercely protectionist agenda — a sure recipe of global uncertainty and a heightened Sino-U.S. trade war. Trump’s economic strategy leans heavily on tariffs, proposing duties of up to 60 percent on Chinese imports and 10 to 20 percent on other foreign goods — levels reminiscent of the Great Depression. In his previous term, tariffs affected $380 billion in U.S. imports fro
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