Trading war in American: China and India in the leaders of losses

4 days ago 13

Visualcapitalist And Hinrich Foundation They presented the standing of countries that astir and slightest affected by Trump’s tariffs – from crisp losses to unexpected winners.

Analysts Visualcapitalist together with Hinrich Foundation They prepared visual visualization: who specifically mislaid and who won the Trump medication from the tariff policy. Short reply – galore person lost; Long – the grade of losses was distributed highly unevenly.

When evaluating, not lone nominal tariffs were taken into account, but besides Tariff complaint balanced successful trade For each jurisdiction regarding the mean stake that its competitors look the aforesaid goods. This does not springiness a “raw” picture, but a existent thought of ​​competitive advantages and losses.

Key observations and numbers:

  • Leaders connected the maturation of suspended tariffs (by September 2025):
    • China – 47.3%
    • India – 38.0%
    • Brazil – 29.6%
    • Switzerland – 19.3%
  • The astir softer stroke came at:
    • Ireland – 6.6%
    • Great Britain – 7.1%
  • Intermediate position: Canada – 19.4%Germany – 18.8%.

The maturation of tariffs successful some countries gave their competitors a comparative advantage. According to the calculation of the authors of visualization, among the twenty largest importers of the United States 14 gained an advantage.

  • Winnings of winnings (growth of competitory advantage):
    • Great Britain – +12.3%
    • Mexico – +10.8%
    • Vietnam – +6.1%

And present – nonstop losses successful countries (as a percent of the rating):

  • China – -28.5%
  • India – -14.8%
  • Brazil – -11.9%
  • Switzerland – -6.5%
  • Canada – -4.0%

The economical payment for the United States is expressed successful further duties, which, according to the calculations of the authors, will spell chiefly from the pockets of American consumers. The astir important sources of tariff income:

  • Trade with China – 205.2 cardinal US dollars
  • Trade with Mexico – 84.1 cardinal US dollars
  • Trade with Canada – 78.8 cardinal US dollars
  • Trade with the UK – 4.8 cardinal US dollars (relatively small amount)

It is absorbing that Trump’s tariffs not lone origin terrible harm to 1 countries, but besides supply a competitory vantage to others:

  • The closest “partners”, similar the UK, the States adjacent assistance debased tariffs;
  • such arsenic Germany – gradually robbing, sidesplitting their competitiveness;
  • Slowing down the improvement of China and India is simply a strategic task. Its states bash not adjacent hide, therefore, the duties are much than the rest;
  • “Partners”, arsenic Ukraine, person a relation successful the war with competitors, whom the States cannot beryllium economically.

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