US President Donald Trump’s protectionist policies are taking a toll on global growth, despite financial markets seeming to shrug off the impact. New tariffs announced with the European Union, Japan, and other countries aim to slow investment and rewrite supply chains at America’s expense. The latest trade deals mark another step in Trump’s trade barrier around the US, reshaping international trade patterns worldwide.
Source: https://www.bloomberg.com/news/features/2025-07-27/how-trump-s-tariffs-are-already-stunting-world-economic-growth