president Donald TrumpThe intense trade war with China raises dissatisfaction with young American youth.
What happenedTrump’s tariff on Chinese goods caused unrest for American youth who depend on Chinese products and services at reasonable prices. These definitions resulted in a 145 % increase in the price of many imported goods, affecting everything from fast fashion to technical tools.
According to the report by Bloomberg, the escalating trade war leads to a negative response between young voters, who played a fundamental role in Trump’s success in the elections.
accident reconnaissance Yougov/an economist notes that 57 % of Americans between the ages of 18 and 29 do not refuse Trump’s job performance, which represents a decrease in 14 points since he took office.
The trade conflict can also affect the future of the TIKTOK popular social media application, which was about to secure a deal to continue its operations in the United States before disrupting the customs tariff.
Also read: Warren Buffett says that the customs tariff that can lead to the opposite of the economy, “Trade should not be a weapon. It is a big mistake, I don’t think it is wise.”
Young consumers love Chelsea HolinsCreator of 26 -year -old content and university student, express his discontent. “Everyone is crazy”, Holins stated. “This is all I see in the schedule.”
Despite the increasing criticism, the White House still has the option to retract its definition. However, the definitions imposed on China can have political effects on the Republican Party in the middle of the next Congress.
Why do it matter: The commercial war that is escalating with China and the resulting definitions not only affects the economy, but also the political scene. Lack of American youth, who played a pivotal role in electing Trump, could affect future elections.
The impact of definitions on popular services such as Tiktok highlights the extensive consequences of this trade conflict.
The White House’s decision on whether it should be continued or reflected in these definitions may have significant effects on the Republican Party in the middle of the next Congress.
Read after that
Experts say the new definitions may raise higher prices and shortages within weeks
