The global trade war is officially heating up. President Trump just unveiled a series of tariffs that were higher than expected, and business leaders all over the world are absolutely stunned. For many of those that have made a killing importing goods into the United States, their businesses have now been ruined. For many of those that manufacture their goods right here in the United States, President Trump’s tariffs are very welcome news. The tariffs that Trump has just announced will go into effect right away, and stock futures are plunging as I write this article. During the economic chaos that is ahead, there will be winners and there will be losers. But without a doubt, the global trade war that has now fully erupted will certainly be an enormous shock to the global economy.
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For More Information See:
https://www.thebalancemoney.com/u-s-imports-and-exports-components-and-statistics-3306270
https://theeconomiccollapseblog.com/wp-content/uploads/2025/04/Snip20250402_44.png#main
https://www.cnbc.com/2025/04/02/trump-tariffs-live-updates.html
https://www.express.co.uk/news/world/2036253/donald-trump-tariff-cost-us-households
https://www.newsbreak.com/share/3947670994772-republicans-panic-over-trump-tariffs-last-time-we-lost-the-house-and-the-senate-for-60-years
https://x.com/whitehouse/status/1907533090559324204
https://truthsocial.com/@realDonaldTrump/posts/114266599439835683