#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:

- 📉 Rising prices of consumer goods (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 sparks of economic recession. Financial markets are watching anxiously! 📊

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

#Global_Economy #International_Trade #Financial_Markets #Economic_News