#l president of the United States increase in tariffs: During his visit to a steel plant in Pennsylvania, Trump announced that he will double tariffs on steel and aluminum from 25% to 50%, a measure that will take effect on June 4. This action is part of his economic protectionism policy.
Economic impact: Erratic trade policies and the growing fiscal crisis have plunged the U.S. economy into a state of chaos and uncertainty, increasing the risk of a recession and negatively affecting economic growth.