Donald Trump’s latest move to impose “reciprocal” tariffs at 104% on Chinese goods has ignited a global trade conflict, causing turbulence in markets and fueling concerns of an impending recession. The implementation of these tariffs, ranging from fentanyl-related duties to retaliatory measures, has resulted in a sharp decline in stock markets and is anticipated to lead to an increase in consumer prices. The aggressive stance taken by the US in this trade war has raised alarms worldwide, with experts warning of potential long-term economic ramifications. The impact of these tariffs is being closely monitored by financial analysts and policymakers across the globe as they brace for further disruptions in the international trade landscape.