💨 Abstract

US President Donald Trump has implemented retaliatory tariffs to address trade deficits with several countries, particularly China. Trump claims these tariffs have caused a significant impact on China's economy. The tariffs have also affected the stock markets, with Asian markets experiencing a major sell-off following the announcement. Trump believes the tariffs will make the US economically dominant and address the country's trade issues.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖