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Tariffs and Tangles: Trump's Trade Gambit Shakes Global Supply Chains

[journal article]

Guhathakurta, Rahul

Abstract

In the early spring of 2025, as cherry blossoms bloom and markets hum with anticipation, a seismic shift is rippling through the veins of the global supply chain. President Donald J. Trump, now steering his second term, has unleashed a bold tariff policy that threatens to reshape the intricate latti... view more

In the early spring of 2025, as cherry blossoms bloom and markets hum with anticipation, a seismic shift is rippling through the veins of the global supply chain. President Donald J. Trump, now steering his second term, has unleashed a bold tariff policy that threatens to reshape the intricate lattice of supply chains binding nations, industries, and consumers. Announced with his signature bravado at the White House on April 2, these tariffs - a 10% baseline levy on all imports, with sharper duties like 34% on China, 26% on India, and 20% on the European Union - aim to revive American manufacturing and correct what Trump calls a lopsided trade arena. Yet, as the world wrestles with this audacious move, a question hangs heavy: Will these tariffs fortify the U.S. economy or fray the delicate threads of global trade?... view less

Keywords
United States of America; tariff policy; world trade; impact

Classification
Political Economy

Free Keywords
Trump, Donald

Document language
English

Publication Year
2025

Journal
IndraStra Global, 11 (2025) 4

ISSN
2381-3652

Status
Published Version; peer reviewed

Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.