#TrumpTariffs

President Trump's announcement of plans to impose additional tariffs on countries that tax U.S. exports is likely to increase global instability, especially in the short term.

Overall consequences for global markets:

1. Increased trade tensions. New tariffs may lead to retaliatory measures from other countries, escalating trade wars and undermining international trade.

2. Pressure on stock markets. The risks of worsening conditions for exports/imports may trigger sell-offs in the markets, especially in sectors reliant on foreign trade (technology, industry).

3. Rising inflation in the U.S. Imported goods will become more expensive, which may push the Federal Reserve towards a tighter policy — a negative for the markets.