America's closest neighbors and allies are racing to respond, or bracing for impact as Trump orders big tariffs on imports from Canada, Mexico and China.

A day after levying steep new tariffs on Mexico, Canada and China, President Trump acknowledged what economists, members of Congress and even some of his own aides — in their previous lives — have been saying all along: Americans may find themselves paying the costs.

Zerodha's CEO Nithin Kamath has voiced skepticism over the efficacy of US President Donald Trump 's "America First" trade policies. In a post on social media platform X, the billionaire said these tariffs could isolate the US internationally and inadvertently strengthen China's global trade dominance.