In a recent development, President Trump has revealed new tariffs on imported goods, labeling it as “Liberation Day.” These tariffs are specifically aimed at countries such as the EU, South Korea, Brazil, and India with the intention to boost domestic investment. Despite this initiative, experts are cautioning about the possible repercussions including increased consumer prices, potential unemployment, and strained global relations. Critics are expressing doubts about the actual economic benefits of these tariffs. President Trump’s decision is expected to have a significant impact on various industries and trade relationships. The move has sparked debates and concerns among policymakers and economists alike. Stay updated for more insights and analysis on the evolving trade landscape in India and around the world.