US President Donald Trump has imposed high tariffs on products imported from various countries. This was reported by Zamin.uz.
Through this measure, he stated that his goal was to strengthen the American economy and create new jobs. According to experts, this policy is directing exporters towards other markets, particularly China.
For example, Brazil is considered the world's largest coffee producer, but the US imposed a 50 percent 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. Additionally, producers of tea and seafood in India are also facing difficulties in trade with the US.
They are considering the Chinese and European markets as alternative directions. Experts emphasize that this process may lead to an increase in product prices for American buyers.
According to analysts, Trump's tariff policy will ultimately cause difficulties for American consumers, while exporters will strengthen cooperation with China and other major markets. This could have a significant impact on global trade relations.
