“Trump’s Tariffs Shake the Global Economy”Japan and Switzerland see growth decline as trade pressure intensifies

A new report from Axios shows that President Donald Trump’s double-digit import tariffs are now delivering a real economic hit to America’s key trading partners pushing global markets into a new phase of uncertainty.
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🇯🇵Japan: GDP shrinks nearly 2% in Q3
Exports to the U.S. dropped sharply, especially in autos, after manufacturers rushed shipments before tariffs took effect. The post-tariff slump contributed to Japan’s first economic contraction in over a year.
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🇨🇭Switzerland: Economy dips 0.5%
High-value exports including watches, chocolate, and jewelry were struck with roughly 40% U.S. tariffs, dragging down Swiss export revenue and overall GDP.
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🇨🇳China: Weak exports + falling industrial spending
China is facing a dual slowdown:
- Exports unexpectedly fell more than 1% in October
- Investment in buildings & equipment dropped 1.7% over the past 10 months
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🔎Trade deals exist but tariffs are still higher than pre-Trump levels
Despite new agreements with China and Switzerland, the tariff burden remains significantly above earlier norms, meaning the pressure on the global economy persists.
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📊TrendPro Insight
America’s aggressive tariff policy is fueling:
- Volatility in major currency pairs (USD, JPY, CHF)
- Pressure on export-driven equity markets
- New opportunities for informed traders who react quickly to macro shifts
This environment rewards disciplined risk management and strategic positioning.