💨 Abstract

President Donald Trump's unilateral 10% tariff on imports from various countries began collection on Saturday, with higher tariffs on goods from 57 larger trading partners starting next week. The tariffs, a rejection of the post-World War Two system of mutually agreed tariff rates, have caused global stock market turmoil and have been met with countermeasures from China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖