How much impact will the US President Donald Trump’s so-called “Liberation Day” tariffs, set to be announced on April 2, have on the Indian economy, the economies of other countries such as Canada, Brazil, Mexico and China, and the global economy overall? This will probably be quantifiable only after some time — perhaps a year or more. Certainly, the consensus is that the short-term and long-term impact will be quite bad, not just for the US’ trade partners but also for the US itself and even countries that do not trade with the US in a major way. This is
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