#TrumpTariffs
๐ฅ Trump's New Tariffs (April 2, 2025) ๐ฅ
1๏ธโฃ Overview of the Tariffs
โ Universal 10% tariff on ALL foreign imports ๐๐ฐ
โ "Reciprocal tariffs" imposed on certain countries ๐โ๏ธ
โ India faces a massive 26% tariff! ๐ฎ๐ณ๐จ
2๏ธโฃ Why These Tariffs?
๐น Trump claims they fix trade imbalances & boost U.S. manufacturing ๐ต๐ญ
๐น He called India the "biggest tariff charger" ๐ก๐ข
๐น Goal? Force other nations to lower their tariffs on U.S. goods! โ๏ธ๐ผ
3๏ธโฃ Global Shockwaves ๐๐ฅ
๐ Stock markets plunge! Investors panic! ๐ฑ๐
โ ๏ธ Risk of trade wars โ countries may retaliate! โ๏ธ๐ฃ
โ Global economic relations under strain ๐ฌ๐ฐ
4๏ธโฃ Impact on India ๐ฎ๐ณ
๐ Auto, ๐ Pharma, ๐ป IT industries hit HARD!
๐ Exports to the U.S. may drop, causing financial turmoil ๐ตโ ๏ธ
5๏ธโฃ Who Supports & Who Opposes?
โ Supporters: "It'll bring back American jobs!" ๐บ๐ธ๐ญ๐ผ
โ Critics: "Higher prices, inflation, and economic isolation!" ๐จ๐ธ๐
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