Trump's tariffs are causing significant disruptions to the US supply chain. Experts predict empty shelves, rising prices, and potential shortages, especially for low-margin goods, as early as May or June. A continued trade war could lead to higher unemployment, global market instability, and geopolitical tensions. Shipping bookings have already plummeted, and companies are canceling orders due to high tariffs. The situation could worsen if no trade deals are reached, potentially resulting in a severe economic downturn.

Prepared by Christopher Adams and reviewed by editorial team.