Core Viewpoint - The recent U.S. tariff policy has raised warnings from economists about the impending pressure on thousands of American businesses, regardless of their size, to replenish inventory, leading to empty shelves and soaring prices for consumers [2] Group 1: Economic Impact - Thousands of American businesses will face inventory replenishment pressures due to the new tariff policies [2] - Consumers are expected to experience a dual challenge of empty shelves and rising prices [2] Group 2: Consumer Behavior - American consumers are actively expressing dissatisfaction through their purchasing actions [2] - There is a surge in cross-border e-commerce shopping and a trend of consumers traveling internationally to shop [2]

Group 1 - India has proposed to impose import tariffs on certain American-made products in response to U.S. tariffs on Indian steel and aluminum products, highlighting a retaliatory trade strategy [1][2] - The proposed tariffs come at a time when India is negotiating a trade agreement with the U.S., with expectations of concessions on 90% of tariff items to avoid a 26% "reciprocal tariff" from the U.S. [2][3] - The global trade landscape is shifting, and India's strategy aims to leverage global trade rules to secure fairer treatment for its exports amid changing geopolitical alliances and supply chain adjustments [2][3] Group 2 - The recent suspension of "reciprocal" tariffs between the U.S. and China may hinder India's "China+1" strategy, which encourages companies to diversify manufacturing outside of China [3] - Experts suggest that India must urgently reduce production costs, reform logistics, and enhance regulatory predictability to maintain its competitive edge in manufacturing [3] - A well-negotiated trade agreement with the U.S. could help India retain 10% tariffs and prevent the rise of specific tariffs proposed by the Trump administration [3]