Former President Trump is reportedly escalating his use of tariffs, sending letters indicating intentions to impose high rates on goods from various countries. This strategy, a hallmark of his previous administration, aims to reshape U.S. trade relationships. However, Trump's inconsistent application of tariffs has historically created market volatility and economic uncertainty. Businesses and international partners are bracing for potential disruptions to global supply chains and increased costs for consumers. The potential for retaliatory tariffs from other nations also looms, raising concerns about a potential trade war.