P Chidambaram writes: Mr Trump will be a loser

According to most dictionaries, 'tariff' is a noun and means a tax on imports into a country. Sometimes, there is a tax on exports too. Very rarely, 'tariff' is used as a verb, but such use is now more common thanks to President Donald Trump. He has 'tariffed' most countries of the world including two islands — Heard and McDonald — where the only living creatures are penguins, and the penguins export nothing to the United States. Mr Trump believes that stiff tariffs on goods imported into the U.S. will 'Make America Great Again' (MAGA). On April 2, 2025 he…