The global economy was severely struck due to Trump’s tariff
President Donald Trump’s tariff is said to “block the wheels of the global economy”, which was amazing for decades through “predictable and relative free trade.” However, the massive uncertainty has become a major preposition itself.
US President Donald Trump’s tariff It is said The global economy as multinationals with large names, all the way to specialized e -commerce players, reduced sales goals last week, warned of job cuts, and reviewed their business plans, while major economies reviewed growth prospects amid reading negative data.
Cyrus de la Rubia, chief economist at Hamburg Commercial Bank, has warned that Trump’s tariff may cause a violent reaction in the coming months, while Chilean Shah has predicted the emerging economy in emerging markets.
The analyst says that Trump’s tariff causes the invested uncertainty
In this excellent piece, Turaly Ken explores Trump’s introductory policies through the TRIFFIN’s lens – the inherent conflict facing the currency when it is a global reserve.
We make it available to the public before our upcoming global economic expectations. https://t.co/2S07h1yHXU
Ahmed Kaya (Kayaaahmetihsan) May 2, 2025
A study published in Global economic expectations of the National Institute Professor Tury Kink revealed on May 1 that President Trump’s tariff sent “shock waves through global markets”, which led to sharp sale, increased uncertainty in investors, and disrupting international trade flows.
KENC pointed out that these definitions, which were presented under the guise of economic nationalism, which are alleged to be aimed at reducing the trade deficit while protecting local industries, and targeted a wide range of imports – from industrial minerals such as steel and aluminum to cars and consumer goods.
According to KENC, while the customs tariff was framing as corrective measures to address the imbalances of trade, they actually actually acted as an average neighborhood policy, “in an attempt to improve American trade conditions at the expense of commercial partners.
He added that this approach sparked a retaliatory tariff from the major economies such as China, the European Union and Canada, which destabilizes the global value chains, causing the remarkable supply chain, and inflating the costs of inputs for local producers and international companies that depend on over the border production networks.
“The economic repercussions of these commercial tensions were rapidly reflected in the financial markets. In a remarkable escalation, the Monthly Economic Economic Painting Index (EPU) increased sharply from 183 in March 2024 to the highest unprecedented level of 460 in January 2025.”
–Professor Torralay KinkDeputy Governor of the Central Bank in Türkiye
The EPU index, which determines uncertainty based on the frequency of economic uncertainty related to politics in the leading media, is high amid increasing concern over the consequences of the macroeconomic economy of Trump’s tariff wars, potential erosion of the multilateral trading system, and the risk of supply chain disorders that are fed through high and enriched inclusion.
China re -evaluates calls from Washington for talks on definitions
The Chinese Ministry of Commerce said on Friday that it is evaluating an offer from Washington to hold talks more than 145 % of the American definitions, which it responded to 125 %. Washington and Beijing were imprisoned in the game of cat and mouse on the customs tariff, with both sides not ready that they were retreating in a commercial war that led to “shook” global markets and broken supply chains.
However, the US Department of Commerce warned the United States not to engage in “blackmail and coercion”, adding that any attempts would simply do “do not work.”
The ministry also confirmed that the United States should be ready to take measures to correct some of its “wrong practices” and cancel the customs tariff by one side – and that Washington needed to show “sincerity” in negotiations.
Chinese Foreign Minister Wang Yi supported these feelings, noting that choosing a commitment to silence and the solution is in the midst of and the cycle “making the fatwa not only want to pay his luck more.”
The Trump administration has suggested that it is close to a deal with India, South Korea and Japan to avoid more customs tariffs in the coming weeks.
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