Donald Trump’s proposed tariff-driven economic overhaul is already sending ripples through global markets. By shifting America’s revenue base toward high import tariffs, the plan aims to pull manufacturing back to U.S. soil — but it also risks triggering major price jumps, trade retaliation, and massive supply-chain realignments.

Here’s what traders are watching right now:

🔶 Higher import costs could push inflation up in the short term

🔶 China, EU, and Mexico may respond with counter-tariffs

🔶 U.S. manufacturing stocks could see a surge

🔶 Emerging-market currencies face renewed pressure

🔶 Crypto and gold may become safety plays if global tensions escalate

With the world’s biggest economy eyeing a dramatic shift in trade policy, markets aren’t waiting — they’re repricing now.

Are Trump Tariffs the beginning of a new economic era… or the spark of a global trade war?

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