EconomicImpact Archives - Universal Group Of Institutions
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15Feb 2025

Impact of US Reciprocol Tariffs on Global Trade and India

Syllabus:  GS-2: International Treaties & Agreements, Government Policies & Interventions GS-3: Inclusive Growth, Government Policies & Interventions, Effect of Policies & Politics of Countries on India’s Interests Focus: US President Donald Trump has proposed reciprocal tariffs, ensuring the US imposes the same tariffs on imports as other countries impose on US exports. This challenges existing …

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06Feb 2025

Trump, tariffs and a trade war with China

Syllabus: GS 2: India and its neighbourhood couuntries Why in the News? Recently, United States initiated tariffs on Canada, Mexico, and China to boost federal revenue and address economic concerns, sparking debates on trade wars and potential political implications. Introduction United States has adopted a policy of muscular nationalism, initiating a trade war targeting key …

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22Jan 2025

Trump Ends Birthright Citizenship, Targets BRICS Economies

Why in the news? U.S. President Trump signed an order ending birthright citizenship, potentially affecting thousands of Indian professionals, and announced 100% tariffs on BRICS nations for exploring non-dollar transactions, sparking legal challenges and economic concerns globally. Trump’s Executive Order and Birthright Citizenship S. President Donald Trump signed an Executive Order ending birthright citizenship, which …

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30Dec 2024

H-1B Visa Debate Sparks Tensions in U.S. Politics

Why in the news? The H-1B visa program faces heated debates, with proponents like Vivek Ramaswamy advocating expansion, while critics, including Trump supporters, demand tighter restrictions, accusing it of displacing American workers and favoring foreign professionals. Purpose and Current Debate Around H-1B Visas: The H-1B visa program allows U.S. companies to employ foreign professionals for …

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19Nov 2024

Impact of Freebies on India’S Fiscal Health

Syllabus: GS-2: Government Policies & Interventions Focus: The growing trend of populist welfare schemes across Indian states is raising concerns about fiscal sustainability. As parties compete to offer financial handouts, it strains state budgets, undermines long-term economic growth, and hampers the development of essential infrastructure and services, prompting calls for policy reforms. Introduction: The Growing …

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