Turning a New Leaf? Trump Engages India, 2 Others in Constructive Tariff Dialogue

New Delhi (The Uttam Hindu): U.S. President Donald Trump's decision on April 2 to impose tariffs on countries including India has triggered unrest in the American market. The sudden move led to heavy selling pressure and growing discontent among corporate circles. Experts fear that these aggressive tariffs may push the U.S. and other global economies toward a potential recession.

Facing backlash and witnessing the negative market fallout, Trump has started to dial down his aggressive tone. He is now actively engaging with India, Israel, and Vietnam to seek a resolution before the tariffs are formally enforced. Talks are underway to de-escalate trade tensions and avoid long-term economic damage.

Tensions flared further after China retaliated against U.S. tariffs. Washington initially imposed a 34% tariff on Chinese goods, prompting Beijing to respond with an identical 34% tariff on American exports. Trump accused China of being "scared" and reminded the public that a previous 20% tariff was already in place — bringing the total U.S. tariff on Chinese goods to 54%.