Trump's tariffs reshape global trade and economic landscape

President Donald Trump's tariffs on imports from Canada, Mexico, the EU, and China are reshaping the global economy. Domestic steel and aluminum producers are benefiting, with prices surging. However, automakers face rising costs, leading to significant stock declines. The beer industry is also gaining, as companies like Anheuser-Busch rely on U.S. ingredients. Meanwhile, the software sector remains largely unaffected by the tariffs. Gold and silver prices have reached record highs as investors seek safe havens amid stock market volatility. Consumers are reacting to proposed tariffs on EU wine and spirits, causing panic buying and price increases. The broader economic impact of these tariffs remains uncertain, with retaliatory measures already in place from Canada.