Global trade is bracing for impact as new #TrumpTariffs loom. With reciprocal duties set to kick in for many nations by August 1st, businesses worldwide are scrambling to assess the potential fallout. From steel to automobiles, the heightened tariffs aim to reshape trade balances, but concerns are rising about consumer prices and supply chain disruptions. Negotiations continue, but the message is clear: a new era of trade protectionism is upon us. The global economy watches closely.