Recession, not Liberation Day! Swaminathan Aiyar sees India, US and world GDP slumping for Trump's 'insanity'

Trump Reciprocal Tariffs: US President Trump announced new tariffs on global trade, prompting concerns of economic turmoil. Economist Swaminathan Aiyar criticised the move, comparing it to the protectionist policies of the 1930s. India, along with China, Europe, and other nations, will face significant tariffs, potentially impacting manufacturing and causing a global economic slowdown. Aiyar warns of inflation and economic stagnation ahead.