Impact of President Trump's Tariffs on Global Markets

President Trump has imposed tariffs on imports from top trading partners, causing global markets to react. Countries are responding differently, with the EU and Canada announcing retaliatory tariffs while others take a more cautious approach. Markets are in flux, and economists warn of inflation and a possible U.S. recession. Various trading partners are navigating the situation with different strategies and responses.

Trade Tariffs

President Donald Trump announced a plan to impose 'fair and reciprocal' tariffs against U.S. trading partners during a press conference with Indian Prime Minister Narendra Modi.