Trump's New Tariff Threats Target Global Trade Partners

President Trump signals a broader and more aggressive tariff strategy in his second term, with potential economic disruption across industries and countries.

President Trump has announced plans to impose tariffs on over $2 trillion worth of imports, covering two-thirds of all foreign goods purchased in the U.S.
Key targets include China, Mexico, Canada, and the European Union, with proposed tariffs ranging from 10% to 60%, starting as early as February 1.
Businesses worldwide, including manufacturers in China and auto companies in Mexico, are bracing for significant impacts, with some industries predicting major losses or operational changes.
Trump aims to use tariffs to achieve broader goals such as funding tax cuts, curbing illegal immigration, and addressing global trade imbalances.
Economic experts warn of heightened risks compared to Trump's first term, citing inflation concerns, fragile supply chains, and weakened opposition from global trading partners.