Mint Podcast: Why Trump Tariff Is Not A ‘Trade War’ Bugle But A Balancing Act With Geopolitical Realities In Mind

On April 2, U.S. President Donald Trump announced a 10% baseline tax on imports from all countries, along with increased tariff rates on multiple nations running trade surpluses with the United States, potentially disrupting the global economic structure and sparking broader trade conflicts. Speaking at the White House, Trump displayed a chart illustrating the new tariff rates: 34% on imports from China, 20% on the European Union, 25% on South Korea, 24% on Japan, and 26% on India. He noted that India faces a 26% "discounted" tariff, while it imposes a 52% tariff on U.S. goods. For insights into India’s response to these tariffs, watch Hindustan Times' Abhishek Singh in conversation with Executive Editor Shishir Gupta. Watch the full episode on YouTube-https://www.youtube.com/watch?v=Can3jAVm_HE&list=PL2A-r6Y8n7prviOoxUrtbPs4XgX8AovG1&index=4&t=173s