When the “America First” trade policy was declared by U.S. President Donald Trump in his previous term, he framed it as a move to protect U.S. workers from what he labeled unfair foreign competition. India, even as a long-time U.S. ally, found itself squarely in the crosshairs. Trump claimed that India charged high tariffs on American products while gaining preferential entry into U.S. markets. Such a disparity, he said, required a corrective measure. The tariffs did not come as a blanket measure initially but were developed incrementally through a series of increments.
Tag: Trade
Trade Truce of Trump with China: Tactical Withdrawal or Strategic Rebalancing?
In May of 2025, President Donald Trump had a significant announcement on his administration’s long-running trade conflict with China: a temporary agreement that reverses part of the high tariffs that have been levied over the last two years and provides a 90-day period for negotiations. Described by the White House as a “strategic recalibration” and by Beijing as a “welcome but cautious step,” the agreement is the first concrete easing of a battle that has broken global supply lines, shaken financial markets, and transformed geopolitical alignments.
Decoding the Economy of an Isolationist Country
Being one of the most isolated, secretive, dark and censored countries in the world, North Korea continues to baffle audiences and surpass trends of journalistic opportunity. It has one of the largest militaries in the world, a staggering domestic infrastructure and much speculation as to what goes on inside the closed-to-exhibition country. The citizens aren’t allowed to venture outside and no official economic data has been published since 1965, which is both scary and bold at the same time.