#USTariffs: What's Really Happening? 🚨📊

The U.S. just imposed a 25% tariff on steel and aluminum imports, shaking up the global market. Major players like Canada and the EU are hitting back with billions worth of retaliatory tariffs.

📉 Economic Impact:

Reduced global growth by up to 0.2 percentage points if retaliation continues.

Companies like BlueScope and Orica are feeling the pressure, with higher consumer costs on the horizon.

📈 What’s Next?

Despite the chaos, trade is expected to grow at a rate of 3.1% annually until 2029, led by countries like India, Vietnam, and Indonesia.

Is this a bump in the road or a turning point for global trade? Let’s discuss! 💬💼

#Tariffs #GlobalTradeImpact #USTariffs #TradeWars #PolicyAnalysis