Paper Title
Trump Tariff: Changing the world's economic status and redefining the trade-deficit in the US
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Registration ID: IJNRD_307127
Published ID: IJNRD2507160
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Abstract
The Trump Tariffs are making a very big global change in the Modern era. Many countries are getting benefitted and the others leading to losses. US being the worlds biggest consumer market has had a lot of global supply chains with other countries, but due to the new high tariffs. The Trump tariff for sure has left a very long and lasting impact on the US and the global economy. These tariffs have come out to be nothing but a pain to many people. This will also stain the economy for a very long time. The tariffs, even though paving the way for the development of the US, is the reason for long term severed ties, inflation , loss of money, etc. Trade globally will never remain the same as it was before the Trump tariffs. Countries like Vietnam, Mexico, etc. used this as an opportunity to gain grounds of trade with the US while countries like India suffered mixed outcomes. The post - tariff world is slowly preceding trade alliances, new global trade routes, self reliance, etc. The Trump tariffs also highlighted how countries approach trade and how geopolitics play a big role. These tariffs will keep playing a role in the global economy for years to come…
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Reyansh Mittal (July-2025). Trump Tariff: Changing the world's economic status and redefining the trade-deficit in the US. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 10(7), b605-b609. https://ijnrd.org/papers/IJNRD2507160.pdf
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Volume 10 Issue 7, July-2025
Pages : b605-b609
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Paper Reg. ID: IJNRD_307127
Published Paper Id: IJNRD2507160
Research Area: Other area not in list
Author Type: Indian Author
Country: Bangalore, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2507160.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2507160
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