Though Donald Trump has been in office for less than a month, he has already plunged the U.S. into a new era of trade battles. He is targeting China with additional tariffs, prompting Beijing to retaliate with its own tariffs on select American imports.

Meanwhile, President Trump is considering further levies on Canada and Mexico. These moves could have significant repercussions on the global economy, with growing concerns in the U.S. about their potential impact on the domestic market.

Joining the discussion: 

• Andy Mok is a Senior Research Fellow at the Center for China and Globalization. 
• Jorge Heine is former Chilean Ambassador to China. 
• Sourabh Gupta is Senior Asia-Pacific policy specialist at the Institute for China-America Studies. 

U.S. President Donald Trump signed an executive order on Tuesday, Jan. 4, to withdraw the United States from the United Nations Human Rights Council after cutting funding for The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) .After leaving… https://t.co/pC723OTMvw

— CGTN America (@cgtnamerica) February 5, 2025

U.S. President Donald Trump said on Monday, Feb. 3 that the tariffs on Canada announced on Saturday "will be paused for a 30-day period" to assess whether a final economic deal with Canada can be structured.https://t.co/AaRgkEE2xH

— CGTN America (@cgtnamerica) February 4, 2025