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Who really wins from Trump's tariffs? Not the average American

  • The government has set up a control room to monitor President Donald Trump's announcement on tariffs against key trading partners like India, according to a source.
  • Concerns have been raised by domestic industry and exporters regarding the impact of reciprocal tariffs on India's exports, especially with the US being its largest trading partner.
  • Lord Sugar stated that Trump's proposed tariffs would be 'a disaster' and explained that they could hurt the British car industry.
  • The US Trade Representative's National Trade Estimate Report 2025 states India imposes high import duties on American goods and maintains a 4.9 percent tariff difference favoring Indian exports.
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Vanguardia broke the news in on Wednesday, April 2, 2025.
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