Four months after President Donald Trump stunned markets with a sweeping announcement of new tariff rates, his latest revisions on Thursday sparked a more muted reaction—but the economic impact is only beginning to unfold.
Initially met with surprise and volatility, the tariff blitz has gradually sent ripples through global supply chains and trade flows. Analysts warn that while immediate market responses have calmed, the full effects on inflation, consumer prices, and international commerce will become more evident in the coming months.
“The initial shock was intense, but the delayed consequences are where the real risks lie,” said one economist. Businesses are already grappling with higher costs and uncertainty, which could slow growth and reshape trade relationships worldwide.
As the global economy braces for these ripple effects, experts emphasize the importance of monitoring policy shifts and preparing for a period of sustained adjustment.