India, April 4 -- POTUS Donald Trump's newly proposed tariffs are raising concerns among economists and housing market analysts, who say the ripple effects could impact everything from inflation to mortgage rates in the U.S.

Trump's latest trade policy plan includes a sweeping 10 per cent global tariff on all imported goods, alongside steeper duties targeting specific countries, such as a 35 per cent tariff on Chinese products and 24 per cent on imports from Japan.

Elevated borrowing costs have already put pressure on the housing market, and analysts say the tariffs could drive rates even higher. "The Fed matters, but it's not the only player in the game. The bond market moves on inflation, economic data and global events like tariffs o...