AGGRESSIVE TRUMP'S TARIFFS - INDIAN RAMIFICATIONS
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- AGGRESSIVE TRUMP'S TARIFFS - INDIAN RAMIFICATIONS
Donald Trump's assumption of power as the 47th President of the USA on January 20, 2025, has evoked widespread development discourse and thrown the global economy into a tailspin in ways few would have thought possible. Jonathan Alter, an eminent journalist, wrote, “All Presidents are blind dates”. The jury is still out on whether President Trump signifies a blind date.
While addressing a joint session of the US Congress, President Donald Trump announced that given high tariffs on American goods imposed by Canada, Mexico, India, and South Korea, the USA will impose reciprocal tariffs, the like-for-like duties for all the other countries, and products on these countries starting April 2, 2025.