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US Tariffs Shake Global Trade
In a bold move to reshape global commerce, President Donald Trump’s administration has enforced sweeping new tariffs affecting imports from over 60 countries. Most notably, Chinese goods are now subject to a staggering 104% tariff, marking one of the most aggressive trade policy shifts in recent history.
While the administration views this strategy as a step toward economic self-reliance and fairer trade practices, economists and global leaders have voiced concerns over its long-term implications. Experts warn that such steep tariffs could fuel inflation, disrupt international supply chains, and trigger retaliatory measures.
The announcement has already sent shockwaves through financial markets, causing heightened volatility as investors weigh the potential risks of a global trade downturn. As the world watches closely, the true impact of this tariff escalation on both the U.S. and global economies remains uncertain.
