U.S. Tariff Outlook: Key Signals to Watch in 2025

Tariffs are rising in prominence as a key variable and economic tool in the global macroeconomic conversation, creating a new era in global trade.

At the core of this conversation are ongoing trade dynamics between the US and China. China’s economic position continues to be driven by broad-based export growth and global dominance in manufacturing, spotlighting US competitiveness in key strategic sectors. China’s strength in advanced manufacturing and security-relevant sectors is a large focus for US officials, and US politicians maintain a cautious stance toward the country. Indeed, the tariffs laid out in the first Trump Administration were expanded during the Biden administration, reflecting the bipartisan appeal of this economic tool.

Read the full article from Area Development here.