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US tariffs trigger global economic fragmentation, impacting trade, investment, and raising recession fears.
The US's imposition of high tariffs has led to global economic fragmentation, with impacts on trade and investment.
China claims these tariffs hurt developing nations, while the UN warns of potential harm to vulnerable economies and global development goals.
The US's actions have also caused market instability, with partners like the EU and China considering retaliatory tariffs.
Global economic integration, measured by trade and investment, has declined significantly, with foreign direct investment ratios falling to levels not seen in decades.
The trade war has shifted China's economy from exports to domestic consumption, but it has also increased costs for American consumers and raised fears of a global recession.
Los aranceles estadounidenses desencadenan la fragmentación económica mundial, afectando el comercio, la inversión y aumentando los temores de recesión.