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How Trump tariffs could hit the world and may lift India slightly

Times of India LogoTimes of India1d ago

How Trump tariffs could hit the world and may lift India slightly - Times of India

Quick Summary:

President Trump plans to announce 'Liberation Day,' imposing 25% tariffs intended to boost US revenue by $6 trillion over a decade but risking global economic instability.Economists predict a $1.4 trillion global income hit, inflation, and disrupted trade.

While some countries like India may gain initially, experts warn of long-term negative impacts.

In scenarios where trade patterns shift to avoid US-EU or US-China tariff barriers, India, along with the UK, Japan, and South Korea, could benefit modestly from trade diversion.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 22:40:16 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1260 words

Reading Time: 7 minutes read

Sentences: 49 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27516837

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 27 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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The story "How Trump tariffs could hit the world and may lift India slightly" was covered 1 days ago by Times of India, a news publisher based in India.

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It's most recent story was published 2 hours ago.

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  • URL: https://chronographically.beamstart.com/news/how-trump-tariffs-could-hit-17435203992356

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