Economic Impacts of the Competition Between China and the US

The competition between China and the US has become a significant topic affecting the global economy. Recent developments indicate that tensions between the two countries are rising.
The tariffs and technology restrictions between the US and China have led to an escalation of trade wars. This situation creates uncertainty in the global market.
China is developing strategies against the US in critical areas such as rare earth elements and chip production. This situation further deepens the competition between the two countries.
US President Trump announced that he would impose additional tariffs in response to China's actions. This could lead to significant changes in global trade.
The increase in global competition may also affect countries like Turkey. Economic developments can have significant impacts on prices and trade balances.