#TrumpTariffs Trump's New Tariffs Shake Global Markets

Former President Donald Trump has reintroduced sweeping tariffs, imposing a 10% tax on all imports and targeting China with a 34% tariff. The move aims to protect American industries and reduce trade deficits. However, critics warn it may spark a global trade war. China and the EU are preparing countermeasures, while U.S. markets have reacted with sharp declines. Economists fear rising prices and supply chain disruptions. Trump also threatened 100% tariffs on nations that abandon the U.S. dollar, signaling a bold but risky economic strategy.