#TrumpTariffs This news is certainly sending shockwaves across global markets. Trump’s decision to announce the toughest tariffs in a century could fundamentally reshape international trade relations, and the world is bracing for a significant impact. According to Bloomberg, countries with high trade surpluses with the U.S., including major economies like the EU, Japan, China, and Brazil, could see their exports to the U.S. drastically reduced—ranging from 4% to an alarming 90%.