source=google Wikipedia In 2025,the global economy is once again facing turbulence-this time sparked by new tarifff implementations introduced by major world economies.These economy measures are not just politicals maneovers-they affect your daily life,your wallet,and the businesses around the globe. in this blog,we break down what these tariff are,why they matter,and how they're shaping the world economy in 2025.. WHAT ARE TARIFF AND WHY ARE THEY IMPORTANT? Tariff are taxes imposed on imported gooods.Government often use them to; protect local industries Generate revenue Presssure foreign government during negotiations However, these conmes at a cost.They often leads to: Higher prices for consumers Supply chain disruptions Retaliation from other countries RECENTLY US TAKES A IMPORTANT STEP ON TARIFF in early 2025,the United...
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