Trump's Tariff Policies Spark Global Economic Concerns

President Donald Trump’s aggressive tariff policies during his second term have triggered significant volatility in global markets, drawing both domestic and international criticism. While Trump defends tariffs as necessary to rebalance trade and insists they will lead to better deals for the U.S., business leaders and economists warn of increased costs for consumers and disruptions to corporate planning. The resulting uncertainty has led to market swings, with some companies suspending growth projections and warning of higher prices. Critics argue that the unpredictability of Trump’s approach, likened to professional wrestling theatrics, undermines confidence among investors and trading partners. However, market reactions and institutional checks, such as the independent Federal Reserve and Congressional pushback, have at times forced the administration to moderate or reconsider its most extreme measures. Despite the profound impact on the global trading system, analysts note that other major economies and institutions are better equipped than in past eras to buffer these shocks and prevent a repeat of the protectionist spirals of the 1930s.