President Trump recently declared new tariffs on imported goods, referring to it as “Liberation Day.” These tariffs are aimed at countries such as the EU, South Korea, Brazil, and India in an effort to boost domestic investment. Despite this initiative, experts are cautioning about potential negative consequences, including increased consumer prices, possible job cuts, and strained international ties. Critics are expressing doubts about the actual economic benefits of these tariffs. The move by President Trump has sparked concerns about its impact on various industries in India, as well as the overall trade relations between the US and India.