The wheel of the world economicmoving for decades unhindered thanks to its seamless and relatively free trade, it is increasingly difficult because of its duties Donald Trump.

Large multinational companies, even specialized e -commerce companies, reduced their sales goals last week, warned of job cuts and re -examined their business plans, while large economies reviewed the prospects for growth in the midst of disgusting.

According to Reuters while purchases bet that USA and China They will eventually avoid a total trade war and that Trump will make agreements to avoid higher duties in other countries, however, the absolute uncertainty about where all this story will end up has become an important economic halt factor in itself.

“US tariff policy is a serious negative shock to the world in the short term,” said Isabelle Matteos I Lago, head of French bank BNP Paribas.

“The final stage of US duties can lead to a higher level than previously estimated,” he said of US general duties, which are currently set at 10%, along with higher, special charges for each sector such as steel, aluminum and cars.

Beijing said on Friday that it was evaluating an offer from Washington for duties on 145% of the US, to which it responded with 125% duties.

Trump’s government has also implied to be close to agreements with countries such as IndiaSouth Korea and Japan to avoid more duties in the coming weeks.

Meanwhile, companies such as the Swedish home appliance company Electrolux have reduced their prospects, while Volvo, Logitech and Diageo drinks have abandoned their goals due to uncertainty.

The abolition of de Minimis tax -free products from China last week is a blow to many smaller players.

“Let’s go from zero to 145%, which is really unfounded to companies and unfounded for customers,” said Cindy Allen, chief executive of Trade Force MultiPlier, a global trade consulting firm. “I have seen many small and medium -sized businesses just choosing to leave the market completely.”

The Bank of Japan made reduced growth forecasts last week, while analysts mentioned the degradations of growth prospects for the Netherlands and the Middle East and North African region.

China’s factory activity has shrunk at the fastest pace of the last 16 months in April, while British factory exports shrunk last month with the fastest rate of almost five years.

On the other hand, there is better indications for Germany’s exports, as factories appear to be foaming their engines before the duties come into force.

“(This) means that there may be a reaction in the coming months,” warned Cyrus de la Rubia, head of Hamburg Commercial Bank AG economist.

Also, this voyage has helped India to score a 10 -month high in manufacturing development in April, with analysts noting that the country – which is facing lower duties than China and to which Apple has shifted part of production – could be a winner.

“India is in a good position to be an alternative to China as a supplier of goods in the US in the near future,” said economist Emergency Markets Shilan Shah to Capital Economics, predicting that punitive duties in China “came to stay”.

At present, most economists call the trick of Trump’s “Shock Demand Shock” for the global economy, which, making imports more expensive for US businesses and consumers, will undermine the activity elsewhere.

The good thing could be that this reduces inflationary pressures and thus give central banks more to boost the economy with interest rate cuts – something that the Bank of England seems to be exploiting this week.

But what remains to be seen is whether Trump’s attempt to restructure the trade system in favor of America will eventually push others to reshape their own economies: for example, if China moves to increase the stimulating measures of its domestic economy or if the eurozone countries are still in the market.