US President Donald Trump announced reciprocal tariffs starting 2 April, specifically mentioning India’s high auto tariffs. This move could lead to a global trade war. Trump’s protectionist stance, dating back to the 1980s, has resulted in tariffs on Canada, Mexico, and China. The potential impact on integrated supply chains and the global economy is significant, with risks of stagflation and economic slowdown. #trumptariffs #tradewar #indiaus #itwebvideos #globaleconomy #protectionism #autotariffs #reciprocaltariffs #tariffnegotiations #economicimpact #usforeignpolicy #globaltrade #trumpeconomics #indianeconomy #tradepolicy #internationalrelations
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