The US-India economic partnership is the envy of many. But our joint mission of achieving $500 billion in bilateral trade by 2030 stands on shaky ground. US President Donald Trumpās reciprocal tariff policy, due to come into effect on 2 April, has upset global markets and will strain our trade relations. India must keep its…
President Donald Trump of the US is tearing apart the multilateral trading system with his self-confessed love of tariffs, which he seems to imagine would yield huge extra revenues extracted from trade partners.Ā In a press conference after his talks with Indiaās Prime Minister Narendra Modi, he promised to levy reciprocal tariffs. Whatever duties India…
Donald Trump seems determined to leave the world breathless with his flurry of trade tariffs. On Sunday, the US president said he would stiffen duties on Americaās steel and aluminium imports. He also repeated his global call for āreciprocalā rates: āIf they charge us, we charge them.”Ā So far, he has made no specific demands…
The bite of Donald Trumpās trade policy, many had hoped, would be a whole lot softer than its bark. The US president, it would appear, is not sorry to dash those hopes. Invoking a national emergency, he has imposed tariffsāeffective this weekāof 25% on imports from Canada and Mexico, except for oil and gas from…
