#TrumpTariffs If Trump's tariff regime endures, the world economy will lose $1 trillion by 2030, and will cost the US 650,000 jobs, Bloomberg Economics predicts.
At the G-7 summit, President Trump’s aggressive tariff policies and abandonment of traditional U.S. free trade principles triggered tension among world leaders. His approach threatens to reshape global economic relations and could cost the global economy up to $1 trillion. The image captures a confrontational moment, symbolizing the discord between Trump and allies like Angela Merkel and Shinzo Abe. The U.S. president’s trade overhaul has raised concerns about rising protectionism, weakening alliances, and destabilizing global markets. Critics argue that the economic cost may outweigh any perceived domestic gains, highlighting a pivotal shift in international economic diplomacy.