Trump's Tariff Policies Reshape Global Trade Landscape Amid Strategic Deals

President Donald Trump's tariff policies have sparked significant global trade shifts, affecting numerous countries. Notably, Trump has secured a tariff deal with South Korea, reducing tariffs on car imports to 15% and fostering a $350 billion investment commitment from South Korea. In contrast, India faces a potential 25% tariff on its goods, complicating Indo-US relations despite past strategic partnerships.

Brazil is subject to a hefty 50% tariff on specific goods, despite a longstanding trade surplus with the US. This move targets sectors like energy and steel, while some Brazilian exports remain exempt. Meanwhile, Trump's tariff strategies have also impacted Canada, with a 35% tariff imposed due to geopolitical disagreements.

The administration has granted Mexico a 90-day reprieve to negotiate trade terms, maintaining existing tariffs on cars and steel. Similarly, last-minute deals with Thailand and Cambodia highlight the administration's aggressive trade tactics. Trump's use of tariffs often reflects political maneuvers over purely economic considerations, leaving many nations navigating uncertain trade landscapes. As talks continue with key players like China and the EU, the global economic climate remains tense and unpredictable.