Trump Reciprocal Tariffs Take Effect Targeting India, Multiple Countries
Trump Reciprocal Tariffs Take Effect Targeting India, Multiple Countries

Trump Reciprocal Tariffs Take Effect Targeting India, Multiple Countries

News summary

President Donald Trump has implemented sweeping reciprocal tariffs on imports from over 60 countries, with rates ranging from 10 to 41 percent, aiming to redirect billions of dollars into the U.S. economy from nations he says have exploited the United States. Notably, tariffs on Indian goods have doubled to 50 percent due to New Delhi's continued purchase of Russian oil, a move strongly condemned by India as unfair and unreasonable. Trump warned that only a "radical left court" could block these tariffs, referencing past legal challenges where U.S. courts ruled that he exceeded his presidential authority under the International Emergency Economic Powers Act when attempting to impose similar tariffs. The tariffs took effect at midnight following an executive order issued by Trump, who dubbed the initiative "Liberation Day" tariffs and emphasized protecting American interests, especially those of farmers and domestic producers. Despite Trump's optimism, legal obstacles remain, as previous court injunctions have halted tariff enforcement, raising questions about the sustainability of this protectionist trade policy. The administration justifies the tariffs as necessary for national security and economic fairness, while affected countries, including India, argue the measures are unjust and threaten their economic interests.

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