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100 Days of Shock and Awe

Financial Express Kochi

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May 01, 2025

India has adopted a sensible approach of dealing with as unpredictable a US President as Donald Trump

The United States has been described in many ways, but no one in their wildest dreams could have thought of America being referred to as a "giant supermarket." That's precisely how Donald Trump described his country in an interview with Time magazine, coinciding with his first 100 days in office in his second term. America, he said, is "the biggest department store in history. Everybody wants to come in and take from us...(but) they're going to pay a price for taking our treasure, for taking our jobs, for doing all of these things," Trump said, justifying the trade war against friends and foes alike. The US, he said, was losing $2 trillion a year on trade. It's a different matter, however, that he has achieved precious little so far, except putting almost the entire world in chaos.

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