💨 Abstract
US President Donald Trump announced reciprocal tariffs across the globe, aiming to boost the US economy and stock market. Despite a temporary stock market drop, Trump expressed optimism, stating that the US will gain six or seven trillion dollars. Trump declared a national economic emergency, imposing tariffs of at least 10% on all countries, with higher rates for 60 countries, including 26% on India and 49% on Cambodia.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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