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Trump escalated his trade war with a fresh tariff hit on India, but the move looked less like leverage than a reminder that his economic policy still runs on impulse, grievance, and whiplash. The immediate effect was to deepen tensions with a major U.S. partner and add more uncertainty for importers, exporters, and businesses that now have to price around presidential mood swings.
Why it matters: Tariff whiplash
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Trump escalated his trade war with a fresh tariff hit on India, but the move looked less like leverage than a reminder that his economic policy still runs on impulse, grievance, and whiplash. The immediate effect was to deepen tensions with a major U.S. partner and add more uncertainty for importers, exporters, and businesses that now have to price around presidential mood swings.
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Trump escalated his trade war with a fresh tariff hit on India, but the move looked less like leverage than a reminder that his economic policy still runs on impulse, grievance, and whiplash. The immediate effect was to deepen tensions with a major U.S. partner and add more uncertainty for importers, exporters, and businesses that now have to price around presidential mood swings.
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