Washington: Trump’s tariff frenzy is showing no sign of stopping. When the Supreme Court declared his tariff illegal, Trump removed a loophole and imposed a 15 percent global tariff. After this, the European Union (EU) stopped a big trade deal with America midway. Now the enraged Trump has openly warned the countries around the world that whoever tries to take advantage of this court decision to play games will have to face even heavier fines and tariffs than before.

What did Trump say in anger?

Trump simply said ‘BUYER BEWARE!!!’ on ‘Truth Social’ He has made it clear in writing that he will not let even the decision of the Supreme Court come in the way of his stubbornness. Recently, the US Supreme Court had canceled many tariffs imposed by the Trump administration. This decision has created uncertainty in Washington’s trade policy.

Trump has decided to increase the global duty on imports to 15%. Trump’s argument is that countries that have been looting America for years will now have to face even harsher economic penalties than recent agreements. Trump made an angry post and wrote – ‘Countries are trying to play games under the cover of the Supreme Court’s decision. The consequences for them will be dire.

What did the EU do?

There is an atmosphere of fear in the global market due to Trump’s insistence and Europe’s retaliatory action. If this dispute continues like this, then the prices of electronic goods to cars may skyrocket in the coming times.