Trump shakes global trade: aggressive tariffs on many countries, including Israel!

Donald Trump's announcements today leave no room for doubt – the US is entering a new era of aggressive trade war.

By the SpyStocks desk · 1y ago · 2 min read

Breaking news

Trump shakes global trade: aggressive tariffs on many countries, including Israel!

Donald Trump's announcements today leave no room for doubt – the US is entering a new era of aggressive trade war. Trump announced that starting tomorrow, reciprocal tariffs will be imposed on countries that "treat us badly," according to him. But it's not just about monetary tariffs – Trump intends to apply a comprehensive calculation that will also consider regulatory barriers and local subsidies, which could increase economic tensions.

Key tariff targets: China – 34% tariff on imports. European Union – 20% tariff on all imports. Japan – 24% tariff, claiming "blocking the market for American cars." United Kingdom – 10% tariff. Vietnam – 46% tariff. Switzerland – 31% tariff. Cambodia – 49% tariff. South Africa – 30% tariff. Israel – 17% tariff!

Trump doesn't stop at accusations: "We cannot pay Canada's and Mexico's deficits!" "We import too many electronic products!" "In many cases, allies are worse than enemies when it comes to trade!"

The market reacted wildly: With the tariff announcement, Wall Street turned upside down – volatility is increasing, investors are seeking hedges, and options traders are preparing for particularly turbulent days.

Further developments coming soon – the market awaits Trump's full speech!

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