💨 Abstract

President Donald Trump has escalated a global trade war by raising tariffs on China and reversing tariff exemptions for most trading partners, causing market turbulence and criticism from world leaders. Trump's latest move involves tariffs on imported semiconductors, which may affect tech companies. Trump aims to counteract foreign trade barriers through reciprocal tariffs, but his unpredictable policies have left businesses uncertain and consumers worried about inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖