Summary:
President Trump signed executive orders introducing tariffs (10–50%) affecting 69 countries, including major partners such as Brazil (50%), Canada (35%), and India (25%). The move spooked investors, pushing global stock markets down and slowing equity futures. Analysts warned of supply chain disruptions, higher inflation, and corporate margin pressure. The effective U.S. tariff rate jumped from 2.3% to 18%. Market sentiment remains cautious amid lingering uncertainty.
Key Points:
-
Tariff on Brazil spikes to 50%.
-
U.S. equities drop globally.
-
Supply chains and investor sentiment shaken.
-
Canada could revise terms amid trade fallout.
-
Inflation and business margins under strain.
Why It Matters:
Highlights the growing economic risk posed by aggressive trade policy and weak investor confidence.
Source Links:
Source: Reuters
Source: Reuters – Tariff details
