US President Donald Trump is preparing to impose new tariffs, arguing that reciprocal trade measures are necessary to address long-standing trade imbalances. His approach has unsettled global markets and raised fears of a trade war, with key economies like China, Canada, and the EU bracing for impact. While Trump insists his policies will benefit the US, critics warn of economic pain and a possible global slowdown. Meanwhile, allies are seeking ways to mitigate the fallout.
