Trump's Protectionist Policies Spark Global Trade Concerns

As Donald Trump intensifies tariffs on imports, experts warn of economic repercussions for the U.S. and global markets.

Donald Trump plans significant tariff increases, including a 60% hike on Chinese imports and 10-20% on European goods.
Economic analysts predict that these tariffs will lead to higher costs for American consumers and reduced purchasing power, particularly affecting lower-income households.
The European Union is divided on how to respond, with some advocating for strategic measures rather than mirroring U.S. tariffs.
Economists argue that the previous protectionist measures during Trump's first term resulted in minimal job growth but substantial consumer cost increases.
Experts suggest that Europe should focus on strengthening its economic competitiveness through industrial and technological advancements rather than engaging in a tariff war.