Teaching activity

Data Starter: Impact on USA and China GDPs from 2025 increase in tariffs

Elizabeth Veal

21st February 2025

How is a retaliatory tariff war between the USA and China likely to affect their economies’ GDPs?

Using this Visual Capitalist infographic about the impact of recent USA tariffs on China and retaliation in 2025, answer the following questions:

  1. What impact are Trump’s 10% tariffs on China likely to have on the GDPs of both the USA and China in both the short and longer term?
  2. How much worse is the impact of the tariffs estimated to be in 2040 if China retaliates?

Download our suggested answers for this resource here

Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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