Hey everyone, news alert! In its first 100 days, the Trump administration's foreign policy has taken a wild turn. The aggressive "America First" stance has triggered a series of tariff moves that are not only shaking up global trade but also rattling US markets. 😮
The aggressive tariff wars have stirred up major financial turbulence. Stock indices like the Dow Jones, Nasdaq, and S&P 500 took a nosedive, while treasury yields spiked and the US dollar tumbled. Many experts are warning that such measures could even lead to a downturn echoing the economic struggles of the 1930s.
So, what does this mean for us? Even if you're catching up on news while scrolling on your phone, these global ripples can eventually impact local prices and supply chains across South Asia and Southeast Asia. Instead of reviving domestic manufacturing, these tariffs are tightening corporate costs and sparking consumer panic—all signs of an economic noose tightening around US markets. ⚠️
In today’s interconnected world, every major policy shake-up sends ripples far and wide. Whether you're into tech trends, entertainment, or lifestyle shifts, keeping an eye on these global moves can help you stay ahead in our fast-paced life. Stay woke, everyone! 🌟
Reference(s):
Trump administration's 100-day agenda: A foreign policy in disarray
cgtn.com
