💨 Abstract

President Donald Trump announced sweeping tariffs on all imports, triggering a global market plunge and threats of retaliation from trading partners. The tariffs could raise costs for consumers on items like cannabis, running shoes, and iPhones. Businesses are adjusting production, with automaker Stellantis temporarily laying off U.S. workers and General Motors increasing U.S. production.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖