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How Trump tariffs could hit the world and may lift India slightly

IndiaTimes Tuesday, 1 April 2025
President Trump plans to announce 'Liberation Day,' imposing 25% tariffs intended to boost US revenue by $6 trillion over a decade but risking global economic instability. Economists predict a $1.4 trillion global income hit, inflation, and disrupted trade. While some countries like India may gain initially, experts warn of long-term negative impacts.
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Video Credit: Oneindia - Published
News video: Trump Trade War: India Hit with 26% Tariff, Russia & North Korea Escape Unscathed -Full Announcement

Trump Trade War: India Hit with 26% Tariff, Russia & North Korea Escape Unscathed -Full Announcement 52:07

Trump has unleashed a new wave of tariffs, hitting allies like India with a massive 26% tax while surprisingly sparing Russia and North Korea. The White House claims this move is to free America from foreign dependence, but critics are calling it a blatant geopolitical game. Is this a strategic...

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