Trump Tariffs Disrupt Global Economy, Creating Uncertainty for Markets
President Donald Trump’s tariffs are grinding the gears of the global economy, which for decades ran smoothly on predictable and free trade. The sudden imposition of punitive measures has injected uncertainty, forcing multinational corporations to slash sales forecasts, reconsider hiring plans, and reassess business strategies.
Economists warn of looming repercussions. Cyrus de la Rubia of Hamburg Commercial Bank AG cautions that backlash from these tariffs may materialize in coming months. Shilan Shah of Capital Economics notes that measures targeting China appear poised to remain in place, exacerbating market volatility.