🇺🇸 Trump Tariffs: Global Trade Under Pressure! ⚔️ The trade landscape is bracing for impact as the Trump administration’s tariff strategy continues to unfold, particularly the universal 10% tariff implemented earlier this year under IEEPA. This aggressive stance, dubbed "reciprocal tariffs," has dramatically shifted the cost curve for imports, pushing the US effective tariff rate toward 20% a level not seen in decades. Real-time market analysis shows undeniable fallout, especially for key partners. India, for example, saw its exports to the US plummet by 28.5% between May and October 2025 following steep tariff hikes, with the most severe impact on labor-intensive goods. This hits small American businesses, too; a recent survey showed 71% of small owners expect a negative impact on holiday spending due to tariff-induced price hikes. 😥 Economists warn that this policy, while intended to boost domestic manufacturing, acts as a massive tax increase potentially $660 billion annually and is forecast to reduce US GDP by up to 0.7% in the long run, even before accounting for global retaliation. We’re watching for how the US can successfully navigate these trade headwinds without sparking a wider, damaging trade war. Volatility is the new normal. 🌪️ $XRP