Trump Imposes High Tariffs on India, Canada, Brazil, Switzerland

President Trump has proposed raising tariffs on Indian goods beyond the current 25%, a move that has sparked debate about its economic impact on India. While some view the tariffs as harmful, others see them as a potential catalyst for India to accelerate its industrialization and boost domestic purchasing power. Trump's tariff policies are part of his broader economic approach, which includes hardline immigration measures; these policies have led to the highest tariff rates since the 1990s and a significant drop in U.S. net migration. Despite some Republican opposition, the new tariffs are set to take effect, with many details still emerging. U.S. Trade Representative Jamieson Greer indicated that the recent tariffs are likely to remain in place rather than be reduced, even as some earlier tariffs were adjusted during trade negotiations. Countries affected by Trump's tariff increases, including New Zealand, face challenges in persuading the administration to reverse or lower these rates, with officials acknowledging the difficulty in changing Trump's stance.