New Delhi, March 25 -- Every month, Mint's Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.

With the 2 April deadline for imposing reciprocal tariffs nearing, US President Donald Trump may be softening his stance. He signalled that there may be "flexibility" in imposing blanket tariffs on trading partners.

The US president has threatened to impose reciprocal tariffs on nations that have high tariffs on US goods as well as those using non-tariff barriers like value...