Global Trade in Crisis: Tariffs, Politics, and the Price We Pay

Hello friends, how are you? I hope you all are well, I am also well and I have come in front of all of you with a new post and with a new energy. If anyone likes my post then you will give it a lot of love. Thank you.

Source

Now, tariffs are going on all over the world. America is the one who started it, and it has been going on for a long time. See, tariffs have been imposed in many countries,s but now till August, all this has been postponed. The thing that was going to happen three months ago is going to be implemented from August, and many more tariffs are being imposed. If any country in the world imposes a tariff on America, then it will be imposed again. See, no one knows when this series is going to stop and who knows whether it will start or not. There is a lot of extra tariff everywhere in this. Everyone is troubled by all these things, and people want to collect a lot of things before the tariff is imposed, and due to this, the trade volume is increasing for those countries on which the tariff is going to be imposed soon.

By the way, many countries have already received this threat that if anyone trades with Russia in any way, then a tariff of about 500% will be imposed on them too. If trade is imposed on all types of trades, then America and other countries that support it are also going to suffer a lot because nowadays everything is connected to each other, and it is going to have a very deep impact on the global economy of the whole world. Every country wants its economy to keep growing, but if tariffs are imposed on such things, then it will become difficult to say whether the economy will grow or not.

It is not that America did not get praise earlier, but this time America has come in front of the whole world in a different style, and Donald Trump is the mastermind behind all these things, due to which he has also messed up with his very special friend, Elon Musk. Elon Musk is also going to form a new party of his own. I don't know, a lot is going on all over the world, and new wars are also going on. So the overall thing is that the entire global economy is in a lot of danger if Donald Trump imposes whatever percentage of tax on all countries; then it is going to be a problem for the people of America because things are going to get expensive for them, and that is not good for their economy. Perhaps we will not be happy with this at all. See, it is not at all that all people are happy with this decision of Donald Trump. Many people are also opposing it, and they should do so because see, it is going to affect the people only.

Hope you have learned something from this post. Thank you.

I hope you learned something new today. See you tomorrow. Have a wonderful day. I'm not sure what the exact time is. See you

Feel free to follow me @theexplorerguy for more amazing daily content

_{Posted using SteemPro}