Pakistan, April 10 -- As markets shake in the aftermath of the U.S. tariff hike unveiled by President Trump on April 2, 2025, it's becoming increasingly apparent that this economic tempest is not merely about trade imbalances-it's about the precarious interconnectedness of the world economy. The comprehensive tariffs, slapped on a broad spectrum of imports, especially big players in the global arena like China, the European Union, and Japan, have triggered a reactionary tide at stock exchanges all over the world. From Wall Street to Tokyo, the effect has been irreversible: stock markets dipped, and economic analysts are cautioning that the economy is about to take a downturn.
But beyond the initial shock, what is the long-term cost? And ab...