Major News: Trump Announces New Taxes on European Cars, Shaking Up Global Markets
Former President Donald Trump has announced a big new tax—15%—on cars imported from Europe. People are calling this the start of a new "trade war."
His main message is that he believes this will protect America from being treated unfairly in global trade.
Here's how the markets are reacting:
· U.S. manufacturing stocks are going up, as people expect them to benefit.
· The value of the Euro (European currency) is falling.
· Prices for gold and oil are rising as investors get nervous.
· The value of the $TRUMP token has gone up significantly.
Mixed Reactions:
· Supporters are happy, seeing it as a strong move to put America first.
· European leaders are angry, calling it an attack on their economy.
· Experts are divided. Some say it's a bold stand for American jobs, while others warn it could hurt the global economy.
In short, this major decision is causing a lot of immediate financial movement and debate around the world.
