The USA is grappling with inflation.

New Delhi: After imposing a 100% tariff on pharmaceuticals, Trump is now considering a new tariff plan. A Reuters report claims that Trump is considering a new tariff plan on electrical goods, based on the number of chips embedded in them. However, no official details have been released yet, making this plan subject to change.

Might lead to higher global inflation

If these tariffs are imposed, electrical goods—from laptops to toothbrushes—will be affected, potentially leading to higher global inflation. The income of semiconductor companies will also be affected. This could increase commodity prices, especially at a time when the USA is grappling with inflation, which is currently above the Federal Reserve’s target and rising.

Economists said that

See Full Page