Experts warn of potential trade wars and inflation with Trump's return to the White House

Donald Trump's return to the White House may lead to new trade wars and increased inflation, according to experts. His proposed tariffs include a 60% import tax on Chinese goods and a 10% tax on other imports. A study estimates that the European Union could face a $533 billion impact by 2029, while the U.S. and China could see impacts of $749 billion and $827 billion, respectively. Emerging markets like India, Indonesia, and Brazil are expected to experience a smaller economic impact from these potential trade policies.