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Interpretation of Trump’s New Tariffs in 2025: Reasons and Expectations


15.04.2025 10:00

Trump’s new tariffs have triggered a sharp market downturn and heightened global recession fears. Investors are witnessing a shift toward a new economic reality characterized by volatility, rising protectionism, and changing priorities.

U.S. tariff policy is more than just an economic tool—it is part of a broader strategic realignment amid intensifying competition with China. This move signals an attempt to shape a new world order and consolidate influence.

Read the new analytical report by Teniz Capital Investment Banking JSC below.


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Teniz Capital Investment Banking JSC recommends to carefully assess the feasibility and risks of investments, taking into account the volatility of market conditions. Ownership of securities and other financial instruments is associated with fluctuations: their value can both increase and decrease. The Company cannot guarantee the profitability of investments and a constant level of income.

Licence ARKFMD No. 3.2.249/19 dated 18.05.2023. Licence ARKFMD No. 4.3.19 dated 16.06.2023.