00:00Will Trump's victory spark a global trade war?
00:03Donald Trump is back in the White House,
00:05and he's promising something big—
00:07a sweeping tax on all goods imported into the U.S.
00:10Imagine prices going up—
00:12worldwide, affecting everything from cars to food to tech.
00:16But why is he doing this?
00:18Trump believes tariffs will protect U.S. jobs,
00:21boost the economy,
00:22and make other countries pay their share.
00:24And he's not holding back.
00:26Last month, he specifically targeted Europe,
00:29saying they need to start paying up
00:31if they want to sell their cars here.
00:33And guess what?
00:35Stocks for BMW, Mercedes, and Volkswagen dropped instantly.
00:39Germany alone relies on the U.S.
00:41as its biggest market for cars.
00:43Now, the E.U. isn't just sitting back.
00:46They're already drawing up plans
00:47to hit back with tariffs on U.S. products
00:49if Trump follows through.
00:51The U.K. is in a tough spot, too,
00:53stuck between the E.U. and the U.S.,
00:55and could face crossfire in a massive trade war.
00:58Some say they could mediate, but would anyone listen?
01:02So, is a full-blown global trade war about to erupt?
01:05Or will cooler heads prevail?
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