President Trump's tariffs continue to send shockwaves through the global economy as US allies worldwide decry the protectionist policies. Hyundai's US investment plans are on hold due to fears of retaliatory tariffs, potentially endangering jobs and stalling innovation in the US auto industry. Meanwhile, US consumer confidence takes a hit as prices rise on essential goods.

In a tense exchange, Canadian Prime Minister Carney expresses dissatisfaction with the deteriorating relationship with the US over tariff tensions, highlighting the strain on diplomatic ties. Across the Atlantic, Germany braces for impact as Trump threatens auto tariffs, further straining transatlantic trade partnerships.

As tensions escalate, allies warn of retaliation against the US, sparking fears of a looming trade war. With global economic stability at stake, the Trump administration faces mounting pressure to find a diplomatic solution to the tariff disputes. Stay updated as this story unfolds and subscribe to our newsletter for the latest updates on the impact of Trump's tariffs on the US economy.