Stay Ahead, Stay Global 
As the Trump administration wrapped up its first 100 days, global markets reeled under a wave of reciprocal tariffs. Intended to put 'America first,' these measures instead unleashed a cascade of financial turbulence and supply chain disruptions.
Market Meltdown
By April 9, key US indices plunged: the Dow Jones dipped over 8%, the Nasdaq slid 10%, and the S&P 500 followed suit. Treasury yields spiked 25 basis points, while the US dollar index fell more than 5% since February. Observers dubbed the sell-off 'economic self-sabotage.'
Global Trade Under Pressure
The World Trade Organization warns that US tariffs could slash global merchandise trade by 1% this year—a 4 percentage point downgrade from earlier forecasts. Businesses worldwide face rising costs and supply chain snarls.
Ray Dalio, founder of Bridgewater Associates, calls it a 'classic breakdown of the major monetary, political, and geopolitical orders.'
Reshoring Backfires
Instead of revitalizing domestic factories, higher import prices and spiking corporate expenses have squeezed manufacturers and driven consumers into panic buying. The much-touted reshoring agenda risks becoming a noose around the US economy.
As policymakers navigate mounting crises at home and abroad, young entrepreneurs, investors, and global travelers alike are left asking: what's next in this strategic quagmire?
Reference(s):
Trump administration's 100-day agenda: A foreign policy in disarray
cgtn.com
