Round of 104% tariffs on Chinese goods will take effect unless a trade agreement is reached. Emphasizing a policy of “reciprocal” tariffs — where countries that tax U.S. goods face equal tariffs in return — the administration has targeted nations with trade surpluses.
However, critics argue the system is inconsistent and has even impacted countries with minimal imbalances.Economists and global leaders warn the tariffs,
could lead to rising consumer prices, disrupted supply chains, and damage to international trade stability. Despite the backlash, Trump and his supporters see the policy as a long-overdue correction meant to revive American manufacturing.
As the trade conflict deepens, markets remain volatile and the world watches closely, uncertain about the long-term consequences of Trump’s high-stakes economic strategy.