On April 2, 2025, all eyes will be on President Donald Trump as he announces his retaliatory tariffs, potentially triggering a new trade war. The move, which could see a 20% tariff on goods from several countries, has left the global economy on edge. Trump has hinted that some nations, like India, may receive relief if they reduce their own tariffs.

India, a major trade partner of the U.S., is hoping for an exemption, as reports suggest India may lower its tariffs in exchange. Meanwhile, Europe and Canada have already warned they won't sit idle if the tariffs go through, with countermeasures in place.

The impact on global markets is uncertain, but it's clear that Trump's decision will reshape trade relations and could cause significant fluctuations in stock markets worldwide. The world waits anxiously for Trump's next move, wondering how it will affect global trade and economic stability.