Trump's rates: Is the US President of Motormouth the global economy towards de-globalization? Explain with five examples | Einsmark news

Trump’s rates: Call April 2, 2025 as ‘Liberation Day’ for US trade policy, and US President Donald Trump has set a 26% reciprocal rate on the import of India, Japan and other countries. As expected, this ‘America First’ policy has led to a massive setback worldwide, even in the US. According to experts, this protectionist policy has pushed by the White House after the inauguration of Donald Trump as the 47th US president bilateral trade agreements among the 180 countries affected by Trump’s rates. They said that the US president’s carough approach could lead to a significant shift in world trade, which could attract an aggressive global trade war. They also predicted that Donald Trump’s arrogance could turn WTO into an excess institution. Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, made a spade on Donald Trump’s rates, and he shared his opinion of his ‘X’ channel account, “never before an hour of presidential rhetoric. Former Secretary of the Treasury for President Clinton and former NEC director of NEC for President Obama added: “The best estimate of the loss of tariff policy is now closer to $ 30 billion or $ 300,000 per family of four.” Trump’s rates: A threat to the global economy? Sonam Srivastava, founder of Wright Research PMS, emphasized the threat to the global economy as a result of Trump’s rates, said: “The announcement of reciprocal rates by the US is a significant development that can be the beginning of a broader and more aggressive phase of global trading – a trade war. Potential shift in the global trading pattern, said Kush Gupta, director of SKG Investment & Advisory: “This America first trade policy can celebrate the largest shift in global trade since World War II. Fitch ratings have downgraded global growth forecasts from 2.6%to 2.3%, with US growth slowned to 1.5%. Trade requirements push. “However, she said that de-globalization and bilateral trade-treating opportunities for India would create opportunities for India to appear as a neutral, stable and strategic partner. Echoing with Sonam Srivastava’s Views, Anshul Jain, Head of Research at Lakshmishree Investment and Securities,” The Process of De-globalization is already underway, and this can be understood with the following five examples: initiation of de-dollarisation under the leadership of Russia, Crude Oil Trade in Local Currencies and Gold, Divergent Stock Markets, Rising Bi-Lateral Trade Pacts With European and Middle Store- Divergent central banks of the US Federal Reserve. “The Lakshmishree Investment and Securities expert said that Trump’s rates will promote bilateral trade agreements under the WTO member states and the WTO’s role in global merchandise. Disclaimer: This story is for educational purposes only. with certified experts to check before making investment decisions, as market conditions can change quickly, and circumstances can vary. de-globalization?