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Why in the News? President Donald Trump announced reciprocal tariffs on major US trade partners, aiming to reduce the trade deficit and boost domestic manufacturing. However, retaliatory tariffs, market instability, and rising economic uncertainty have raised concerns about a potential global recession. Key Announcements and Rationale: President Donald Trump announced “reciprocal tariffs” on US trade …
Read MoreWhy in the News? U.S. President Donald Trump announced reciprocal tariffs from April 2, targeting India, China, and other nations with high levies on U.S. goods. He called these tariffs “very unfair” and emphasized boosting domestic manufacturing while retaliating against trade imbalances. Key Announcement: S. President Donald Trump criticized high tariffs imposed by India, China, …
Read MoreSyllabus: GS-2: Global Groupings Focus: The U.S. administration has halted foreign aid and scaled back personnel at the U.S. Agency for International Development (USAID), placing a 90-day pause on assistance programs. This move raises concerns about its impact on global development projects, humanitarian aid, and economic stability in several countries, particularly in the Global South. …
Read MoreSyllabus: 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 …
Read MoreSyllabus: GS 2: International relations India and its neighbourhood relations. Why in the News? The 23rd meeting of Special Representatives (SRs) on the India-China boundary question was held in Beijing. While this regularized bilateral exchanges, it also exposed continuing differences and significantly lowered Indian expectations of a peaceful resolution. Evaluating India-China Relations Diverging Statements: Indian …
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