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Monday March 9 2026

Trump’s tariff policy may trigger new trade blocs and global economic uncertainty

9 March 2026 15:18 (UTC+04:00)
Trump’s tariff policy may trigger new trade blocs and global economic uncertainty
Qabil Ashirov
Qabil Ashirov
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The global tariffs announced by U.S. President Donald Trump are expected to take effect this week, a decision that could generate both short-term and long-term consequences for the global economy. At first glance, the move appears aimed at protecting domestic production and demonstrating political strength. Yet its implications are likely to be felt far beyond the United States.

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