April 2 marked the beginning of significant changes in the global economic system.
U.S. President Donald Trump launched a new stage in international trade by enacting the “America First Trade Policy” executive order. This document implies the introduction of a large-scale tariff reform, which bypassed the approval of Congress and public discussions. Such a move was seen as a strong and unambiguous signal: “This is not a negotiation – it’s pressure,” Trump emphasized.
🔧 Major changes:
– Imposition of new duties on imports of goods from partner countries.
– The order is supported by the Department of Treasury and Commerce (heads Bessint and Lutnick).
– The main goal is to support U.S. manufacturers and bring capital back into the country.
✋ Why these measures are worrisome:
– Disruption of global supply chains.
– Rising costs and prices for businesses.
– Possible retaliatory sanctions from China, the European Union and Canada.
– Threat of economic downturn in key regions of the U.S.
📊 Market Reaction:
Despite the possible risks, Wall Street remains calm, believing that everything will gradually settle down. However, it’s worth keeping in mind that the president’s trade powers are now at their broadest in decades and Congress remains on the sidelines.
🌍 Conclusion:
April 2 was a symbol of a break with the old model of globalization and the beginning of a new phase of trade conflicts. It is important for investors to realize that the old rules no longer apply and the situation requires special attention.