Trump proposes tariffs on all Imports, Higher rates for China and India

Donald Trump's plan to use tariffs to strengthen the US economy has sparked debate. He proposed imposing tariffs on all imports, with higher rates for countries like China and India. As President-elect, Trump warned China, India, and other BRICS nations (Brazil, Russia, India, China, South Africa) of a potential 100% tariff if they undermine the US dollar or try to replace it with another currency in international trade. His comments came after a BRICS meeting in October, where members discussed reducing reliance on the US dollar. This could trigger a second wave of trade wars once Trump takes office in January.
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