Recent announcements regarding new tariffs imposed by the Trump administration have raised concerns about their potential effects on global economies. Early modelling indicates that most countries may face negative impacts, with the U.S. experiencing significant losses. Financial markets have responded negatively, as evidenced by a sharp decline in the Dow Jones, alongside worries over disappointing jobs reports. As businesses adapt to these changes, there is growing uncertainty about how tariffs will influence prices for consumers, particularly in sectors like food. While some experts argue that the tariffs could help rectify existing economic disparities, others caution that the chaotic implementation of these policies may not achieve intended goals. Global reactions to the tariffs are diverse, with some countries expressing frustration at the sudden hikes and protests erupting in various regions. As the tariff deadline approaches, discussions among economic experts continue, emphasizing the complexity of the trade situation and the need for strategic planning amid escalating tensions.