'Trump 2.0" looms large over the global economy

The specter of "Trump 2.0" casts a long shadow over the international economic landscape, signaling profound implications for global trade dynamics in the coming years. In an era where economic policies and international relations are intricately interwoven, the proposed tariffs by former U.S. President Donald Trump are anticipated to usher in significant shifts, particularly as we approach the year 2025. Trump's economic strategies, characterized by an assertive stance on tariffs, aim to recalibrate the United States' trade relationships and reduce its trade deficits. These proposed tariffs, which target a broad spectrum of goods and services, could potentially reshuffle the global trade deck, promoting a reevaluation of trade alliances and economic dependencies. Economists and policy-makers around the world are closely monitoring these developments, as the repercussions of these trade policies could ripple through the global economy, impacting everything from international supply chains to investment flows. The premise of Trump's economic policy underlines a broader trend towards protectionism, reflecting a pivot away from the globalization narrative that has dominated the past few decades. This shift could challenge the existing global trading system, which is built on principles of free trade and open markets, and increase the likelihood of retaliatory measures from affected countries. The potential trade wars that could ensue might hinder global economic growth, affecting industries, employment rates, and consumer prices across the globe. Moreover, the uncertainty surrounding these policies could lead to increased volatility in international markets, impacting global stock exchanges, currency valuations, and investment