US President Donald Trump’s sweeping new tariffs on global imports have sparked outrage and countermeasures from major economies worldwide.
- China has condemned the 34% tariff, calling it a threat to global economic stability and vowing retaliation.
- The European Union warns of economic turmoil and prepares countermeasures.
- Japan & South Korea strongly oppose the levies, calling them unfair and damaging to global trade.
- India sees an opportunity despite the impact, hoping to capture market space left by China and Vietnam.
- Canada, Brazil & Switzerland are preparing legal and economic countermeasures.
- Australia & UK criticize the move but aim to negotiate.
- France, Germany & Italy fear economic instability and demand urgent discussions.
- Bangladesh’s textile industry faces severe losses, with buyers shifting to cheaper markets.
- Poland surprisingly supports reciprocal tariffs, aligning with Trump’s stance.
As tensions rise, global trade faces a major turning point. Will negotiations defuse the crisis, or is a full-scale trade war inevitable?
