Tariffs Tariff Impacts Impact on Economies Impact on Markets Economic Impact Impact of Tariffs China-US Relations US Dollar Economic Consequences Impact on UK Economy Retaliation Impact on Consumers Impact on Growth Inflation Impact on Industries Impact on Exports Impact on Energy Demand US-China Trade Relations U.S.-EU Relations Economic Impact of Tariffs Impact on Countries Historical Context Retaliatory Tariffs Automotive Sector Impact on Global Economy U.S.-China Trade Relations US-Europe Relations Effects on Southeast Asia Effects on Exports Protectionism Market Reactions