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U.S. tariffs are disrupting global supply chains and hurting businesses, with Egypt potentially turning to China for relief.
Egyptian economist Karim Adel warns that U.S. protectionist policies, especially tariffs, are harming the global economy, disrupting supply chains, and increasing costs for businesses worldwide.
Adel notes that Egypt, which relies on imported materials, could be severely affected but may strengthen ties with China to mitigate these impacts.
Despite U.S. tariffs, China's exports have surged, benefiting from a reprieve on reciprocal tariffs and the exclusion of some electronics.
Experts argue that the tariffs are more about domestic politics than economics, harming U.S. consumers and global trade stability.
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Los aranceles estadounidenses están interrumpiendo las cadenas de suministro globales y perjudicando a las empresas, con Egipto potencialmente recurriendo a China en busca de alivio.