Trump's Tariff Tango: A Global Economic Juggle

U.S. President Donald Trump's unpredictable tariff policies have caused turmoil in financial markets and injected uncertainty into the global economy. His decisions have included imposing and pausing tariffs on key trading partners like Mexico, Canada, and China, as well as targeting products such as steel, electronics, and vehicles.

President Donald Trump's erratic tariff maneuvers have consistently jolted financial markets, destabilizing the global economic landscape. His approach has combined imposing significant tariffs with sudden pauses, leaving trading partners and analysts alike scrambling to anticipate his next move.

From his initial January impositions on imports from Mexico, Canada, and China to the broader global tariffs in April, Trump's strategies have incurred widespread unease. Key sectors affected include steel, electronics, and automotive, where strict duties and exemptions have oscillated unpredictably.

In early May, a rare respite occurred when the U.S. and China mutually agreed to slash tariffs amidst a 90-day truce, signaling a fleeting moment of relief in the ongoing trade tensions. Nevertheless, the strategic unpredictability of Trump's tariff decisions underscores the volatile nature of international trade under his administration.

(With inputs from agencies.)