US Tariff War 2025 Explained: India’s Smart Response & Global Impact | UPSC Guide
Автор: UPSC GUIDE
Загружено: 2025-04-07
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In this video, we break down the rising tensions behind the 2025 Global Tariff War:
🔹 What triggered the tariff war? Trump’s “Liberation Day” declaration
🔹 US imposes heavy tariffs: 26% on India, 34% on China
🔹 China’s aggressive retaliation and rare earth export restrictions
🔹 India’s calm, strategic response without counter-tariffs
🔹 The goal: $500 billion trade with the US by 2030
🔹 Stock markets tumbling, global supply chains affected
🔹 Why this is not just a trade war — but a global power play
🔹 Strategic relevance for India’s foreign policy and trade
🔹 Important for UPSC GS2 (IR) and GS3 (Economy)
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