Trump's Reciprocal Tariffs and Global Trade Tensions Explained

The recent implementation of reciprocal tariffs by the White House has raised concerns about global trade tensions. President Trump's decision to impose tariffs on 180 countries, including allies like India and rivals like China, has escalated tensions worldwide. The move, aimed at reducing the US trade deficit and boosting domestic industries, has sparked fears of supply chain disruptions and inflation. China, one of the largest economies, may face additional challenges due to the tariffs. In the case of India, a 26% duty has been imposed, impacting sectors like automobiles and textiles. Trump's protectionist trade policies, characterized by higher tariffs, are seen as a strategy to revive American industries, bridge the budget deficit, and gain control over global trade. The implications of these tariffs, including potential trade wars, recession risks, and consumer price increases, have sparked a debate among analysts and policymakers. While Trump aims to make America great again through these tariffs, the long-term effects on businesses and the economy remain uncertain.