The Indian rupee has hit an all-time low against the U.S. dollar, breaching the 87 mark. This event is stirring concerns across Asia as global markets react to new tariffs announced by U.S. President Trump.

Trump has imposed tariffs on imports from Mexico, Canada, and China, aiming to reduce the U.S. trade deficit. However, this move has led to fears of a global trade war, greatly impacting Asian currencies.

India's economy could face inflation and foreign investment challenges due to the weakening rupee, making imports expensive. Industries reliant on imported goods, like crude oil, might see rising costs.

RBI appears less inclined to intervene heavily to stabilize the rupee, aligning with peer market adjustments. Experts foresee continued volatility, with an average yearly increase in currency fluctuations observed.

Markets have witnessed significant volatility following the tariffs announcement, manifested in the decline of Asian and European stocks. Speculations suggest this trend may continue if tariffs persist.

Opinions vary on the effectiveness of tariffs and RBI's currency management. While some call for aggressive intervention, others argue for letting market forces guide the rupee's fate.

The future of the rupee is uncertain, hinged on potential policy shifts and global responses to the U.S. tariffs. Indian policymakers must strategically balance economic growth with inflation management.