💨 Abstract

President Trump on Sunday indicated foreign governments would have to pay significant amounts to negotiate tariff reductions, as markets braced for continued losses. Trump's economic advisers attempted to portray the tariffs as a strategic move to improve the U.S.'s position in global trade. Multiple countries, including Taiwan, Israel, and India, have signaled a willingness to engage with the U.S. to avoid duties.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖