India, China and the Penguin: Winners and losers of Trump’s tariff war

US President Donald Trump announced a 10% baseline tariff on all imports starting April 5. Additional tariffs on specific countries will begin on April 9. These tariffs target nations with unfair trade practices. India, the UK, Canada, Mexico, Brazil, China, the EU, Japan, and Southeast Asian nations are affected. This policy could reshape global trade dynamics.

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