The recent announcement of new tariffs by Donald Trump is set to deepen the ongoing global trade war, with U.S. trading partners racing to secure exemptions before the measures take effect. As markets wrestle with the implications of these tariffs, the economic consequences for American consumers are beginning to emerge, leading to higher prices. Analysts are debating whether Trump is truly winning the trade war, as the costs associated with these tariffs accumulate. Countries affected by the tariffs are scrambling for last-minute deals, while economists warn of potential pain for the U.S. economy in the near future. The situation remains fluid, with the latest tariff rates expected to reshape global trade dynamics and prompt reactions from economies worldwide.