#TrumpTariffs

**Brief Post about #TrumpTariffs:**

🚨 **Rising Trade Tensions!**

#Trump announced **new tariffs of 60%** on Chinese imports, and **10% on European Union countries**, in a move aimed at "protecting American industries" ⚖️.

### Expected Impacts:

- 📉 Increase in consumer goods prices (electronics, clothing).

- 🔄 Disruptions in global supply chains.

- ⚔️ Potential escalation in a **Trade War** that could harm the global economy.

### Reactions:

China threatened a "harsh" response, while the European Commission warned of recession sparks. Financial markets are watching anxiously! 📊

> "Everyone pays the price... the consumer first and last" — Analysts.

#Global_Economy #International_Trade #Financial_Markets #Economic_News