Tariffs in the eyes of Americans: U.S. economic expert hopes U.S. and China reach agreement on tariffs

Since Donald Trump took office, the United States has rolled out a series of tariff measures that have raised the cost of goods and put pressure on domestic enterprises and consumers. While the Trump administration aimed to protect American industries, the policy sparked international tensions and retaliatory tariffs, further escalating trade conflicts. As a result, consumers and companies are facing higher daily expenses, increased operating costs, stock market volatility, and multiple lawsuits challenging these policies across several states.

Veronica Parellada Eller, an investment adviser and head of My Investment Path U.S., shares her perspective in this video on the current tariff policies, their impact on both the U.S. and global economies, how ordinary Americans are affected, and which industries stand to gain or lose under such measures. Veronica stated that if the Trump administration's tariff policy is fully enforced, it will disrupt domestic prices in the U.S. and likely trigger a degree of inflation – an outcome that would not be beneficial to the American economy. She expressed hope that the Chinese and American governments can reach an agreement through dialogue to prevent the negative consequences of the policy's implementation.