Yes, my friends, the impact on our economy is expected to be significant, but unfortunately, we are not alone in this. Other countries will also see their economies affected by Trump's "protectionist" taxation.
The American economy is also not going to be left out if Trump starts an economic war, remember that the United States imports significantly from the Brazil market, so a retaliatory 50% tariff from Brazil would also be significant for the U.S. and its customers.
Trump cannot successfully bully the entire world and if he keeps up with it, over time it will only push the rest of the world to trade more often with one another and avoid the U.S. market in situations when they can.