CX Daily: Trump Tariffs Put Global Trade System in Crisis as Countries Retaliate and Stock Markets Plummet
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U.S. President Donald Trump holds a reciprocal tariffs poster during a tariff announcement in the Rose Garden of the White House on April 2, 2025.
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Cover Story: Trump tariffs put global trade system in crisis as countries retaliate and stock markets plummet
U.S. President Donald Trump dramatically reshaped the global trade landscape Tuesday, unveiling tariffs targeting nearly every trading partner in an unprecedented move that threatens decades of global free trade principles. The move sparked worldwide retaliation, roiled financial markets and raised fears of slower growth, higher inflation and a breakdown of the international trade system.
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