Sazid Imran
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Trump’s Sweeping Global Tariffs: A Bold Move with Far-Reaching Implications
On April 8, 2025, the world awoke to a seismic shift in global trade as President Donald Trump’s sweeping tariff policies officially took effect. Among the most striking measures is a staggering 104% tariff on imports from China, a move that has escalated tensions between the United States and its largest trading partner to unprecedented levels. A baseline tariff of 10% on imports from nearly all nations is included in this policy, which is part of Trump's larger "reciprocal" tariff agenda. Higher rates are aimed at dozens of other nations that are deemed to be the "worst offenders." As the dust begins to settle, the implications of this bold economic strategy are reverberating across industries, markets, and geopolitics, raising questions about its potential to reshape the global economic order—or plunge it into chaos.
By Sazid Imran 10 months ago in Trader
