Trump’s sweeping tariffs ignite global trade tensions

World leaders react as the U.S. imposes broad import taxes, escalating economic uncertainty.

President Donald Trump’s latest trade policy is making waves across the global economy, with sweeping tariffs that impact nearly every U.S. trading partner.

The White House has announced a flat 10% tariff on most imports, while some countries—such as China and Vietnam—are facing significantly steeper penalties.

China, the world’s second-largest economy, has been hit particularly hard, now facing a total of 54% in tariffs on its exports to the U.S.

This move is expected to heighten trade tensions between Washington and Beijing, with potential repercussions for industries on both sides.

Vietnam also received a sharp tariff increase, following its decision to cut duties on U.S. imports.

Meanwhile, the European Union has signaled that it will fight back against the new trade restrictions.

With the EU already facing a 25% tariff on steel, aluminum, and car exports to the U.S., officials in Brussels are preparing retaliatory measures that could further disrupt international commerce.

Markets and industry leaders are watching closely to assess the impact of these sweeping tariffs.

While the Trump administration argues that the policy will boost domestic manufacturing and bring jobs back to the U.S., critics warn that higher import costs could drive up prices for American consumers and strain diplomatic relations.

With global trade now at a crossroads, all eyes are on how key players will respond in the coming weeks.

So, will nations respond with threats of retaliation or calls for negotiation?

Ryan Hunt, the Founder of Mountain Up Cap Company joins Veronica Dudo to discuss.