The Chain Reaction Begins: Tariffs as the First Spark When former President Trump floated the idea of blanket tariffs on all imports—potentially 10% across the board, and up to 60% on Chinese goods—the markets didn’t flinch. They should have. These aren’t targeted sanctions or minor skirmishes over aluminum and steel. This is an across-the-board shift that invites full-scale retaliation from nearly every major trading partner the U.S. has left. History shows us how fast tit-for-tat trade restrictions spiral. Once tariffs go up, countermeasures come quickly—from China, the EU, Canada, Mexico, and beyond. That means blocked exports, withheld resources, supply chains rerouted around U.S. companies, and capital looking for safer shores. These reactions are not just hypothetical—they’re rational defense strategies in…
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