💨 Abstract

Trump's trade advisers are finalizing plans for reciprocal tariffs on every country that imposes duties on US imports, escalating trade war fears. Trump already imposed tariffs on steel, aluminum, and Chinese goods, with countermeasures from China and delayed tariffs on Mexico, Canada. The tariffs would affect industries reliant on these imports and could impact supply chains, hurting businesses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖