A person consumed by spiteful rivalry often goes to great lengths to cause trouble for their rival, even if it means suffering a loss themselves. US President Donald Trump’s behaviour mirrors this mindset; in his zeal to 'fix' other nations, he repeatedly deals blows to the American economy.
India will certainly be adversely affected by the new tariff, as will other nations. However, it is ultimately the American citizens who are paying the price for Trump's love for tariffs. By the way, President Trump has populaized tariffs in a such a that now it does feel like an economic term even for a layman!
One wonders: is this merely the US President's spiteful rivalry at play, or is he, knowingly or unknowingly, becoming a Trojan horse for America in general and the American economy in particular?
Indian economy is resilient and perform better than one's expectations. Though, its ride wouldn't be free a hiccups. India and other nations will eventually overcome the impact of this imposed tariff in the name of forced labour, sooner or later. But will America ever fully recover from the consequences of Trump's behaviour?
What do you think?
India will certainly be adversely affected by the new tariff, as will other nations. However, it is ultimately the American citizens who are paying the price for Trump's love for tariffs. By the way, President Trump has populaized tariffs in a such a that now it does feel like an economic term even for a layman!
One wonders: is this merely the US President's spiteful rivalry at play, or is he, knowingly or unknowingly, becoming a Trojan horse for America in general and the American economy in particular?
Indian economy is resilient and perform better than one's expectations. Though, its ride wouldn't be free a hiccups. India and other nations will eventually overcome the impact of this imposed tariff in the name of forced labour, sooner or later. But will America ever fully recover from the consequences of Trump's behaviour?
What do you think?
Rajeev Upadhyay
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