#TrumpTariffs Market & Economic Impact:

Trump's tariffs (10% baseline, up to 145% on China) are projected to reduce U.S. GDP by 0.8% and trigger global retaliation affecting $330B in U.S. exports. This has already caused:

- Stock declines: S&P 500 dropped ~4% from highs amid uncertainty .

- Inflationary pressure: U.S. CPI rose to 2.4% in May as tariffs increased import costs .

- Global slowdown: OECD downgraded 2025 U.S. growth to 1.6% and warned of worldwide trade fragmentation