People from many countries believe that the new tariff policy will backfire on the United States

According to CCTV News, recently, many international individuals have stated that the United States' indiscriminate tariff policies will not only affect the US economy but also impact global trade. The biggest victim of the US tariff policy will be the United States itself. Khaled, a former Saudi commercial attaché to China, said that for the US economy, this will lead to price increases and affect financial markets, which are direct and unavoidable impacts. At the same time, it will also produce enormous effects globally, as international trade connects countries worldwide, which will lead to trade and international relations instability. If the tariff war continues, the situation will become worse. Verovatz, a senior economist at ING Group in Hungary, stated that in world history, there has never been an instance where trade closure and protectionism brought improvement or progress to the global economy.