Trump Doubles Down on Steel Tariffs, Escalating Global Trade War

Donald Trump’s return to power has reignited the global trade war, specifically escalating tensions over steel imports with a dramatic increase in tariffs from 25% to an unprecedented 50%. The move, announced during a rally at U.S. Steel in Pennsylvania, has sent shockwaves through international markets, most notably China and the European Union (EU). While Trump frames his decision as a safeguard for American jobs, the global impact is becoming increasingly clear. )