Part 7/9:
In the wake of the tariffs, global markets reacted swiftly. Many companies began to fear for their profit margins, leading to stock prices plummeting and a broad sense of instability emerging. Uncertainty about the U.S. government's intentions sent traders scrambling, driving down prices for several industries reliant on cheap overseas labor.
As markets stabilized and Trump backtracked on many of the initial tariff announcements, the situation underlined the volatile nature of economic policy driven by rapid decisions without broader discussions or considerations—a reflection of the low competence often discussed in political rhetoric surrounding these issues.