💨 Abstract

President Donald Trump announced on Air Force One that he will impose reciprocal and sectoral tariffs on steel, aluminum, and autos starting April 2, without any exemptions. These tariffs are intended to counteract foreign countries' fees on U.S. goods and contribute to an ongoing trade war. Trump has stated this action will apply to both allies and adversaries.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖