
Trump's tariff fixated policy cartelizes new world order
Published on: Sept. 5, 2025, 5:28 a.m. | Source: Daily Excelsior
K N Pandita President Trump has imposed his new tariff order on nearly two dozen countries of the world. Big countries like China, India, Brazil et al are among Trump’s list. What criterion Trump followed in fixing the new scale of tariffs is somewhat unclear. Take the case of India. He imposed 25 % tax on Indian imports. Only a few days later, he changed his order and made it 50 % arguing that India continued to purchase crude oil […]