💨 Abstract

The Trump administration will announce reciprocal tariffs on all countries imposing duties on US imports by Thursday, escalating global trade war fears and potentially increasing U.S. inflation. The tariffs, set to be announced before India PM Narendra Modi's visit, include steel, aluminum, semiconductors, and pharmaceuticals. The move is expected to lead to higher prices and could impact U.S. growth and employment, according to some analysts.

Courtesy: theprint.in

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