Recent statements from Donald Trump and Vladimir Putin have ignited global economic anxieties, highlighting complex geopolitical tensions and potential market shifts. As Trump presses the Federal Reserve for immediate interest rate cuts, India has implemented protective measures in its steel industry, illustrating a dynamic interplay of economic strategies. analyses suggest these developments point towards significant implications for international trade and diplomatic relations. Does Trump advocate for immediate rate cuts? He has been vocal about urging the Fed to lower interest rates, citing the historical trend of prior election cycles, especially given the recent decline in energy and food prices. Meanwhile, Putin’s recent remarks on Ukraine highlight a renewed escalation in hostilities, attributing it to Kiev’s perceived lack of commitment toward peace talks. While expressing openness to negotiations, he condemns Ukraine’s nonchalance towards the ceasefire initiative. In another significant development, India has imposed a temporary 12% customs duty on steel imports for the next 200 days. This tariff reflects India’s efforts to safeguard domestic industries and protect its manufacturers.