#TrumpTariffs How Trump's Tariffs Will Impact the Global Economy

Date: May 23, 2025

The announcement about new tariffs from President Trump, reported by Jinshi Data, has sparked a wave of discussions among economists. On one hand, the increase in tariffs may support domestic production in the U.S., creating jobs. On the other hand, exporting countries like China and Germany may respond with countermeasures, leading to rising prices for energy and technology. Analysts predict that global GDP could decrease by 0.5–1% in the event of an escalation in the trade conflict. Comments about a possible rise in inflation are already appearing on social media under the hashtag #TrumpTariffs . Whether a full-scale trade war can be avoided depends on the response of international partners.