๐ข Trump's Tariff Surge Shakes Global Markets ๐
On May 25, 2025, President Trump unveiled sweeping tariffs: 25% on smartphones and up to 50% on EU goods, urging companies like Apple and Samsung to relocate manufacturing to the U.S. ๐บ๐ธ๐ฑ. The announcement triggered a 256-point drop in the Dow and heightened fears of a global trade war .
Despite the pressure, Apple remains committed to its India strategy, leveraging lower production costs to cushion tariff impacts .
As tensions rise, consumers worldwide brace for potential price hikes and economic uncertainty. ๐๐ธ #TrumpTariffs #TradeWar #GlobalEconomy $SOL $NEAR $MOVE
