1️⃣ Trump's tariffs: essence and initial consequences🤔

• What happened? Trump signed an order imposing a 10% tariff on imports from more than 180 countries and territories. For certain states, such as China and EU countries, even higher rates are planned — up to 49%. According to the president, the goal is to protect the American economy and respond to trade barriers from other countries.

• Immediate effect: Stock markets reacted with a sharp decline: futures for US stocks plummeted, and Asian exchanges opened with significant losses. Businesses reliant on imports are already predicting price increases and reduced profits.

2️⃣ International reaction: threat of a trade war

• European Union: The EU is preparing retaliatory tariffs on American goods worth up to $28 billion. French President Emmanuel Macron called for unity, stating: 'A trade war benefits no one.'

• China and Canada: China is imposing a 34% tariff on American products starting April 10, and Canada has already restricted the import of some American cars. These actions indicate an escalation of the conflict.

• Elon Musk's proposal: Trump's advisor and Tesla CEO Elon Musk advocated for 'zero tariffs' between the USA and Europe, proposing a free trade zone. His position contrasts with the president's course.

3️⃣ Domestic politics: protests and division🙁

• Mass protests: Demonstrations against tariffs and other actions of the administration are taking place in cities across the USA. In Washington, Democratic Congressman Al Green announced the submission of articles of impeachment within 30 days.

• Congress's reaction: Some Republicans in the Senate support the idea of Congressional control over tariffs, indicating a rift in the party. Democrats call the tariffs harmful to American consumers.

4️⃣ Economic consequences for Americans🥲

• Market declines: The stock market crash is already affecting pension savings and citizen investments. Experts warn of a recession risk if the trade conflict drags on.

• Business problems: Companies reliant on imports, such as Jaguar Land Rover, are suspending shipments to the USA to assess losses. This may lead to increased prices and job cuts.

5️⃣ What's next?🫣

• Possible escalation: Without compromise, the world may face a global trade war that will impact the economies of the USA and other countries.

• Internal pressure: Protests and calls for impeachment may force Trump to reconsider his policies, although he claims he is ready to go all the way.

• Forecasts: Stabilization is only possible with negotiations, but uncertainty prevails for now.