Trump's tariff threats impact stock markets and trade relations

In his second term, President Trump has fluctuated on tariff threats, impacting stock markets. His approach involves a trade war with allies and adversaries, raising concerns about potential economic isolation for the U.S. Experts suggest that tariffs alone may not effectively reduce reliance on China. A more comprehensive strategy is needed, combining punitive measures with incentives to reshape supply chains and strengthen ties with allies. China is responding to U.S. tariffs with sanctions and regulatory actions against American companies. This tit-for-tat dynamic could escalate tensions, highlighting the complexity of the ongoing economic conflict between the two nations.