#TradeWar

The Art of the Trade War

#TradeWar

The Art of the Trade War

Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.

US-India Trade War Escalates: Trump Accuses India of Blocking American Farmers' Access to Market

The US-India trade war has escalated, with the US accusing India of blocking American farmers from accessing its market. Agriculture is a key battleground, with India fiercely protecting its farm sector citing food security and livelihoods of millions of small farmers. Despite being self-sufficient in staples, Indian agriculture lags behind globally in terms of productivity, infrastructure, and market access, leading to low crop yields and limited manufacturing jobs.

Trump Slaps 25% Tariffs on Imported Cars, Europe Vows to Retaliate

Germany says it "will not give in" as US President Donald Trump announces 25% tariffs on imported cars and car parts, effective April 2. The move has sparked retaliatory threats from major economies including France, Canada, China, Japan, and South Korea, with European countries vowing to respond firmly and impose their own tariffs on US products.

UK Refuses to Engage in Trade War with US Over Trump's Car Tariffs

UK Prime Minister Sir Keir Starmer has said that the UK will not "jump into a trade war" with the US over Donald Trump’s plans to impose 25% import taxes on cars entering America. The government is trying to avoid tariffs through "intense negotiations" and aims to be "pragmatic and clear-eyed" in its response.

Trump and Carney Hold "Extremely Productive" Call Amid Ongoing Trade War

US President Donald Trump had an "extremely productive" first call with Canadian Prime Minister Mark Carney amid an ongoing trade war. The two leaders agreed to meet immediately after Canada's elections on April 28 to discuss politics, business, and other factors. Carney described the call as "very constructive," stating that he told Trump Canada will implement retaliatory tariffs to protect Canadian workers.

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