India, April 16 -- https://tehelka.com/media/2025/04/English-Tehelka-Issue-8-795x1024.jpg
US President Donald Trump's sudden U-turn on tariffs has given a severe jolt to the global economic order. His decision to pause the sweeping reciprocal tariffs-except for China-marks a rare climbdown, but it also underscores the volatility that defines Trump's trade policy. For India, this moment is both a challenge and an opportunity. In his second term, Trump reignited global economic uncertainty, disrupting long-term decisions in stock markets and across the real economy. The magnitude of this disruption was evident: Japan's Nikkei plunged 7.83%, Hong Kong's Hang Seng nosedived 13.22%, and India's Sensex dropped 2.95% in a single day. Since Januar...