The global economy is already feeling the negative impact of Trump's tariffs - Media.

Trump's Tariffs: Impact on the Global Economy

The tariff policy of U.S. President Donald Trump complicates the economic situation around the world. Business plans of corporations and e-commerce players have already begun to feel the negative impact, revising goals and jobs. Major economies are also forced to revise their forecasts for the future due to uncertainty in the development of events.

While financial markets hope to avoid a full-scale trade war between the U.S. and China, the uncertainty about the further development of events keeps many from taking active steps. According to the chief economist of the French bank BNP Paribas, U.S. tariffs have become a serious challenge for the global economy.

'U.S. tariff policy is a serious negative shock to the world in the short term,' quotes Reuters Isabel Mateos and Lago.

Countries are trying to find compromises and conclude agreements to avoid further increases in tariffs. However, already, companies such as Electrolux, Volvo Cars, Logitech, and Diageo are forced to make adjustments to their business plans due to market uncertainty.

Events have also affected growth forecasts for various countries and regions, including Japan, Germany, and others. Experts warn of possible negative consequences for the global economy, but at the same Time point to the potential growth of India as an alternative supplier of goods to the U.S.

'India is well-positioned to be an alternative to China as a supplier of goods to the U.S. in the near term,' believes economist Shilan Shah.

A large number of economists assess Trump's tariff policy as a 'demand shock' for the global economy, with possible positive effects on inflation and central banks. Reducing tariffs could facilitate economic stimulation through lower interest rates.

Thus, the tariff war between global giants forces market participants to adapt to new conditions and seek opportunities for cooperation amid instability in the international market.