Tag Archives: USA’s ‘Reciprocal Tariffs’ on India & the World

GS III-Economy On April 2, 2025 (termed ‘Liberation Day’), U.S. President Donald Trump announced the imposition of reciprocal tariffs on imports from various countries, including India. This move aims to correct trade imbalances but has intensified global economic tensions and diplomatic frictions. Understanding the Concepts What is a Tariff? A …

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