Global Trade Tensions Escalate
President Donald Trump’s recent imposition of tariffs on imports from Canada, Mexico, and China has led to significant disruptions in global markets. The U.S. dollar has strengthened, while the Canadian dollar, Mexican peso, and euro have declined. Stock markets across the U.S., Asia, and Europe have experienced sharp downturns. In response, Canada, China, and Mexico have announced retaliatory tariffs. Analysts warn that these measures could slow both the U.S. and global economies by increasing inflation and reducing GDP growth.


