A tariff regime to support US President Donald Trump’s ‘America first’ policy was always a key part of his agenda. In his first year in office, Trump did not take it up too seriously. By the end of his first year in office he has announced a slew of tariffs that threatens the global economy with a trade war.
Let’s start with a full list before coming to the Indian case. There is steel and aluminium, which is going to affect mainly the European Union (EU), Mexico and Canada, of the latter two more in a bit.