On Wednesday, President Donald Trump's reciprocal tariffs targeting numerous countries globally came into effect. These tariffs included a particularly high rate of 104% on imports from China, significantly exceeding those imposed on other nations. This action followed China's refusal to yield to what they characterized as "blackmail" from the United States.

This move marks a significant shift in the global economic landscape. It occurs approximately 80 days into Trump's second term in office. His policies are disrupting the established economic order that has been in place since the conclusion of World War II.

Trump's stated objectives include bringing critical industries back to the United States, eliminating trade deficits, and generating revenue through tariffs. These goals have led to uncertainty among analysts and have negatively impacted global stock markets.