Global Impact of Trump’s Tariff Policy | Economic Fallout and Trade War

Trump's tariff policy has caused a stir in stock markets worldwide, with over 100 countries, including Pakistan and Turkey, being affected.
But what exactly is a tariff, and how will it benefit the United States?
Let’s break it down: U.S. President Donald Trump imposed a 29% tariff on Pakistan and a 10% tariff on Turkey. There have been protests globally against these tariffs, but the U.S. President has firmly stood by his stance. In a recent statement, he said, "Many people are investing their money and coming to America from all over the world. I want to make it clear that my policies will never change. Now is the time to come to America and get richer.
It’s also expected that Trump's tariff could affect iPhone prices, potentially pushing the cost of an iPhone above $2,300.
On the other hand, in response to the U.S. tariffs, China has also imposed tariffs, escalating the trade war. This has severely impacted global warehouses, airports, and, without a doubt, the supply chain.
China has called the U.S. tariffs a form of blackmail, stating that increasing tariffs won’t resolve the issues since there are no winners in trade wars. Japan labeled the U.S. tariffs as one-sided, while South Korea declared that the global trade war is now a reality. Australia also criticized the move, saying that such actions are not what a friend country does and that the American people will bear the cost.
While Trump’s tariff policy may benefit the U.S., countries like Pakistan and Turkey, along with many others, have faced severe economic setbacks due to this policy. #TrumpTariffs #GlobalEconomy #TradeWar #USChinaTrade #Pakistan #Turkey #GlobalProtests #EconomicImpact

Видео Global Impact of Trump’s Tariff Policy | Economic Fallout and Trade War канала Turkiye Khabar