The impact of tariffs on the U.S. and world economies (Part II).

The back and forth of the U.S. government in terms of tariffs goes into another round and insecures the investors again.

Doug Ostermann, financial director, announced that the strategy seeks to circumvent Donald Trump's high tariffs During a recent telephone conference with analysts, Stellantis's financial director, Doug Ostermann, said the company will move part of its pick-up truck production from Mexico to the United States, a change in the strategy that seeks to circumvent the high tariffs introduced by President Trump's trade policies. According to the announ…

Image: AI generated via Shutterstock’s asset generation engine. Trump’s tariffs on China were a foolish move; they were not designed to achieve a specific goal through strategic means, but simply to incite the enthusiastic cheers of his “Make America Great Again” (MAGA) supporters. Once he realized that this move would cause the price of an iPhone to soar from $1500 to $3000, he reversed the policy on the iPhone and other popular products that w…