- Right from the moment Donald Trump assumed the office of the President of the United States of America, he has been in the thick of action, proclaiming bombastically about anything and everything happening around the world. Some of his claims have been outright cringeworthy, bordering on falsehood, unsubstantiated, grandiose, and over the top. One of the most talked about topics in the entire world must be about the tariff war perpetrated by the unpredictable maverick in Trump, ostensibly to protect the interests of the locals and America by extension. Of course, his pet proclamation Make America Great Again resonated around the globe with such ferocity that every country must have felt an uneasiness anticipating what lies ahead.
PC: India Today
- After announcements, suspensions, extension of deadlines, and setting new dates for the implementation of the tariffs, Trump has gone about and finally implemented these import tariffs on several countries, effective 01st With varying percentages of import tariffs, the whole world appears to be facing unknown consequences, with economies taking a severe hit with the move. India has been hit with a 25% tariff and also a threat of a penalty for buying Russian oil. Little wonder, the geopolitical and geostrategic partnerships between the USA and other countries are undergoing a bit of a strain because of the tariff war unleashed by Trump. The moot point to ponder over here is what it entails for the global community in the days ahead.
PC: Fast Company
- By all indications, Trump is behaving with such petulance, brashness, impatience, and carelessness that it gives the impression of seeing shades of a global dictator in action, with every other country at the beck and call of the maverick leader. The world has witnessed several dictators of varying cruelty and ambitions dotting this glorious planet before. Unfortunately, Trump is showing glimpses of similar but distinct characteristic traits that will simply disturb the accepted world order in more than one way. While several countries bargained with the USA to cushion the tariff impact and/or to reduce the burden, Indian negotiators too were in the thick of action right through several weeks, but could not compromise on matters related to agriculture and farmers.
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PC: KNN India
- Thus, Trump’s announcement of a 25% tariff was on expected lines. And what the penalty would be for buying Russian oil is left to anybody’s imagination. However, what is not uncertain is the aggressively grumpy behaviour exhibited by Trump while dealing with other countries, which must be riling any self-respecting leader big-time. Of course, the sky hasn’t fallen on India or, for that matter, any country with the tariff announcement taking shape. How and where the tariff war would eventually end would be a matter of conjecture right now. Indisputably, countries will find their way out to offset/circumvent the tariff imposed by Trump sooner or later. Hopefully, Trump will realize his bluff will be called out sooner rather than later.
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