The Trump administration wages a “trade war” on the whole world. In his media show in Washington, the US President announced 20% tariffs on the European Union, 34% on China, 24% on Japan, 10% on the United Kingdom. But there are unfair taxes a bit for all countries, up to 50%. As well as 25% tariffs on all cars manufactured abroad. But the real reasons for such differing rates and the real goals that Trump has set out for himself still need to be understood. Right now, the “Liberation Day” looks like a retaliation that is disrupting global markets and trade. It was still night when Ursula von der Leyen’s first, pained reply arrived from the EU: “President Trump’s announcement of universal tariffs on the whole world, including the EU, is a major blow to the world economy. I deeply regret this choice”. The President of the EU Commission speaks of “dire consequences”: “The global economy will massively suffer. Uncertainty will spiral and trigger the rise of further protectionism. The consequences will be dire for millions of people around the globe. Also for the most vulnerable countries, which are now subject to some of the highest US tariffs. The opposite of what we want to achieve. The tariffs will also hurt consumers around the world. Millions of citizens will face higher grocery bills. Medication will cost more as well as transportation. Inflation will go up. And this is hurting in particular the most vulnerable citizens.”