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More of Trump trade uncertainty
Hindustan Times Patna
|July 09, 2025
The latest move underscores the need for countries to havea strong bargaining chip in talks with the US
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‘hen President Donald Trump announced reciprocal tariffs on April 2, he marked the end ofan era in global trade where the US was both a vanguard of the rules-based multilateral trade order and the largest market for many exporters.
This arrangement did not just help exporters, the US too had access to cheap goods. Before the tariffs could kick in, Trump put them on hold till July 9 during which period bilateral deals were to be negotiated on terms beneficial to the US.
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