#USTariffs
US Tariffs: Current Impact & Future Outlook
The U.S. recently imposed major tariffs—25% on Canadian and Mexican goods, 20% on Chinese imports, and increased steel/aluminum tariffs—causing stock market declines and global trade tensions. Retaliatory tariffs from China and rising commodity prices could drive inflation. The World Bank warns of a slowdown in global growth. Future negotiations remain uncertain, but economic disruptions are expected.