President Trump is set to announce new tariffs on automobiles and pharmaceuticals soon, adding to his ongoing trade war strategy that includes steel and aluminum duties. This move signals a broader effort to reshape U.S. trade policies as April 2 approaches.
In a bold move, President Trump has enacted metal tariffs, igniting tensions with trading partners like Canada and the EU. This decision could raise costs for US industries and consumers alike. Will it backfire?
Stock markets are in turmoil as President Trump's newly imposed tariffs on Canada, Mexico, and China raise concerns about inflation and economic stability. With significant impacts on various industries, experts warn of a looming recession.