Isolate America

The US has never been a reliable and responsible ally. History bears testimony that nations closely aligned with US interests may well face abandonment by the US, as Europe is currently learning at a great cost. Trump's unstable pronouncements and his erratic policies will have devastating consequences; any American economic downturn caused by his tariffs will pull down all allied countries into a steep, unstoppable slide

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Global markets are reeling from the escalating trade war sparked by President Donald Trump's irresponsible rhetoric and unpredictable behaviour, harming even America's staunchest allies. His erratic and unrestrained statements are sending shockwaves across the world, and no one seems to know which country or institution will be the next target. Stock markets across the world are reeling from shocks of his tariffs as much as his deranged statements and global trade is trying hard to readjust to the new normal of uncertainty.

The USA, China, and Canada are imposing tariffs on each other, sparking chaos in global markets. No country, not even India, whose trade volumes with the USA cannot be of much consequence to that country (2.7 per cent share of US imports and 2 per cent of US exports, in comparison with China's share of 14 and 7 per cent respectively), can remain completely immune to the global turmoil that Trump is triggering. Now it is beginning to affect the US economy itself, raising fears about higher inflation and slower economic growth, loss of manufacturing jobs and weakening of the dollar, against Trump's avowed objectives of a buoyant US economy, stronger dollar and jobs. His tariffs have sparked concerns that rising costs and trade disruptions could slow growth and depreciate the dollar.