Trump’s New Tariffs 2025: Impact on Global Markets and India
Published: April 3, 2025 | By [AMERICA NEWS WORLD]
Trump’s 2025 Tariffs Unveiled: What’s Happening?
On April 3, 2025, US President Donald Trump launched his “Liberation Day” tariffs, hitting imports from India, China, and the UK with a 25% tax. Aimed at boosting US jobs, these tariffs have flipped global markets upside down. Gold prices in India spiked to Rs 91,423 per 10 grams, and Sensex crashed 500+ points. Here’s how Trump’s 2025 tariffs are shaking things up.
Why Trump Pushed Tariffs in 2025
Trump’s goal? Revive American manufacturing. “We’re taking back our economy,” he said. But experts warn these tariffs could spark a trade war, driving up costs worldwide. For India, it’s a double-edged sword—export losses and pricier imports loom large.
Global Markets React to Trump Tariffs
The fallout was instant:
- Stocks Crash: Sensex, Wall Street—markets bled red.
- Gold Boom: Investors flocked to gold, pushing prices to new highs.
- Trade Chaos: The US dollar wobbled as uncertainty grew.
India’s exporters—think textiles and tech—are bracing for a hit. Consumers? Get ready for costlier phones and cars.
India’s Economy Under Trump’s Tariffs
How will India cope?
- Price Hikes: Imported goods face a steep climb.
- Export Slump: US demand for Indian products may drop.
- Rupee Strain: Inflation could worsen.
“Bad timing for India,” says economist Priya Sharma. “We’re already fighting inflation—tariffs just make it harder.”
What’s Next for Trump’s Tariff Plan?
China’s hinting at counter-tariffs, and India might hit back on US goods like almonds. For you, local products could get cheaper, but imports? Ouch. Keep an eye on this trade storm in 2025!
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