One Year of Trump Tariffs: How Global Trade Changed | Vantage on Firstpost | N18G

One year after Donald Trump announced sweeping tariffs under 'Liberation Day,' global trade patterns have shifted significantly. US-China trade has declined sharply, with imports falling and supply chains moving to countries such as Vietnam and Mexico. Allies including Canada and the UK, are diversifying trade partnerships, while India has expanded agreements and domestic demand. In the United States, tariffs have increased consumer costs, with households paying more for goods. The US Supreme Court struck down key tariffs as illegal, but new duties have since been introduced, including tariffs of up to 100% on some pharmaceutical imports, signalling continued policy escalation.

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Trump Tariffs Impact | Global Trade Shift | US China Trade War | Liberation Day Tariffs | World Economy Changes | Trade War Analysis | Supply Chain Shift | India Trade Growth | US Tariff Policy | Economic Impact Explained | Firstpost | World News | News Live | Vantage | Hem Saroya | News

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