Donald Trump’s reciprocal tariffs come into effect on April 2: Will India, Thailand feel the most heat?

News Snapshot:

President Donald Trump said the reciprocal tariffs he plans to impose on April 2 would include "all countries", not just those with the largest trade imbalances with the United States. Donald Trump's ‘Liberation Day’ tariffs are likely to impact several countries, including India, China, the European Union, Mexico, Vietnam, Taiwan, Japan, South Korea, and Canada. However, an S&P analysis suggests that India, South Korea, and Thailand could be the most vulnerable to these tariffs. Speaking aboard Air Force One, just 48 hours before what he termed “Liberation Day” on April 2, Trump confirmed that these tariffs would be applied universally,...