Trump's Tariff Escalation Fuels Global Trade Tensions

President Trump has imposed sweeping new tariffs on major trading partners, triggering retaliation and economic uncertainty.

President Trump has implemented a series of tariffs, including 25% levies on imports from Canada and Mexico and a 20% tariff on Chinese goods, citing national security and trade fairness.
China, Canada, and Mexico have responded with retaliatory measures, including new tariffs on U.S. goods and expanded export restrictions, heightening global trade conflicts.
Economists warn that the trade war could raise consumer prices, disrupt markets, and create uncertainty for businesses, potentially delaying hiring and investment.
Trump has proposed 'reciprocal tariffs,' aiming to match other countries' import taxes and address non-tariff barriers like intellectual property theft and digital services taxes.
The escalating trade disputes have drawn criticism for their potential to harm U.S. manufacturers and farmers, with concerns about long-term economic impacts and strained international relations.