Economic World War

One American — a poet (TS Elliot) — wrote many years ago, “April is the cruellest month.” Another American — President Donald Trump - has now in a different context proved the poet right.

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For after weeks of threats and backtracking, Trump has finally unveiled the details of the protectionist measures he intends to deploy to make America Wealthy Again, as stated in the title of the presentation he made 2 April in the White House Rose Garden. By implementing reciprocal tariffs, the US President claimed to want to correct years of unfair trade relations that have allowed other countries to “rip off America.” The claim by Trump of other countries taking undue advantage of America cannot be denied. However, his policies, aimed, at the rest of the world threatens to profoundly reshape international trade and commerce. While the vast majority of economists have contested the merits of his policy, Trump unabashedly declares 2 April the US ‘Liberation Day’. Despite the anxieties rippling across the Atlantic, his focus is US trade practices in a way that clues us relocate their production to American soil. Unlike demonetization and other politically motivated economic steps seen by Indians in the last decade, Trump’s prescription favoring America may seem tough to the outside world but how far it will certainly bring in more jobs, opportunities and prosperity to the US. The man has b