Trump's Tariff Strategy

Donald Trump's recent imposition of significant tariffs on Canada, Mexico, and China reflects a drastic shift in American trade policy that has spooked both media and market analysts. These 25% tariffs, alongside a 10% tariff on Chinese goods, signal a renewed commitment to protectionism that many contend could destabilize the global economy. While some advisors provide assurances that these tariffs serve as negotiation tools, others warn of immediate repercussions, such as rising consumer prices and strained international relations. Trump's unilateral approach, deploying executive orders rather than Congressional approval, has raised questions about the sustainability of these policies and their potential political backlash.