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A further prospective complication is that China may want one thing in return, possibly further tariff cuts.
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Though Europeans are worried about unexpected will increase in US tariffs, the greatest apprehension between Western powers continues to be the rise of China; its dominance in global offer chains, its maritime growth, and its rising assertiveness in international affairs.
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The invocation of China+1 tactic, adopted by nations around the world like Japan and Australia, has emerged for a pivotal method of diversifying global offer chains and strengthening economic ties with Vietnam and Malaysia; Australia is actively trying to find to lessen its trade dependence on China, and turn to ASEAN.
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These types of trade procedures could also demonstrate ineffective if affected investing partners retaliate and threaten jobs supported by trade.