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01:51
Experts warn of global economic risks from U.S. tariff policies
STORY: Experts warn of global economic risks from U.S. tariff policies
SHOOTING TIME: Recent footage
DATELINE: Feb. 21, 2025
LENGTH: 00:01:51
LOCATION: Jakarta/Rome
CATEGORY: POLITICS/ECONOMY
SHOTLIST:
1. various of Capitol Hill in U.S.
2. SOUNDBITE 1 (English): MUHAMMAD FAISAL, Executive director of CORE Indonesia
3. various of U.S.
4. SOUNDBITE 2 (English): CHRISTINE SUSANNA TJHIN, Director of Strategic Communication and Research of Gentala Institute, Indonesia
5. SOUNDBITE 3 (English): ANDREA APPOLLONI, Professor in management, University of Rome Tor Vergata
STORYLINE:
Multiple international experts have raised concerns over the potential global repercussions of the U.S. tariff policies, warning that increased trade barriers could drive inflation and disrupt supply chains worldwide.
SOUNDBITE 1 (English): MUHAMMAD FAISAL, Executive director of CORE Indonesia
"The downside of putting the tariffs in America is the high inflation, the very thing that the Americans, especially the Federal Reserve, try to fight in the last one or two years, to fight inflations.
But with this new policy, putting higher tariffs, that will impact on higher inflation, meaning that it will adversely impact the American economy at the end of the day."
SOUNDBITE 2 (English): CHRISTINE SUSANNA TJHIN, Director of Strategic Communication and Research of Gentala Institute, Indonesia
"By having tariff, the lack of support for globalization happening in some of the Western part of the world is definitely going to create some more challenges for the global economy.
We are hoping that the new administration can follow what the American people themselves want, which is not inclined to give tariff that is outrageous."
SOUNDBITE 3 (English): ANDREA APPOLLONI, Professor in management, University of Rome Tor Vergata
"President Trump is impacting a lot on global supply chain management. Global, I mean including Europe, not only Asia, not only U.S. or America.
And this situation can create a lot of problems, especially in the production area here in Europe. For example, we can export a lot in terms of food, machinery. And you can imagine the situation can change a lot because if it can change the price, it can change the commercial industrial situation. The risk is that several factories in Europe, they can stop the production. In that case, it'll be not easy to continue the commercial relationship with the U.S."
Xinhua News Agency correspondents reporting from Jakarta/Rome.
(XHTV)
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