Trump doubles tariffs on steel and aluminium from Canada

US President Donald Trump has decided to double tariffs on Canadian steel and aluminium, raising them from 25% to 50%. This decision was perceived as another step in his aggressive trade policy, aimed at protecting the interests of American manufacturers.

Trump is once again activating the mechanism of tariff barriers, which, according to him, should ensure the competitiveness of American industry, but many economists fear that the consequences of such measures could prove devastating for global markets.

Markets in shock: decline inevitable

Markets reacted to the news with a drop. Experts and investors are convinced that the new tariffs will have a negative impact on stock markets and other financial indicators. It is already visible how volatility is increasing, and investors are beginning to seek ways to protect themselves from potential losses.

According to observations, Trump is deliberately stimulating instability in the markets, creating tension which, in his view, could prompt the Federal Reserve (Fed) to lower the key interest rate. This would allow the American economy to "reboot" and partially compensate for the consequences of economic instability.