Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US. Leaders didn’t mind taking some rhetorical shots at America if it was convenient for domestic politics, but showed no desire to choose between…
Further, there is the possibility of even more drastic measures like “reciprocal tariffs” (with the possible inclusion of foreign value added taxes) and duties on US imports of critical minerals, apart from universal tariffs on all imports. Also Read: Think win-win: India should try some mineral diplomacy in its relations with the US We are…
How are these disruptions likely to affect India? Three disruptive moves in particular need to be taken into consideration in this regard—on immigration, trade and tariff policy, and foreign policy. Also Read: Harsh Pant: Trump’s foreign policy recast poses a challenge that India cannot avoid Attacking immigration was Trump’s first major move. He had harped…
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. In a press conference after his talks with India’s Prime Minister Narendra Modi, he promised to levy reciprocal tariffs. Whatever duties India…
In today’s environment, there are many reasons to give restructuring its rightful eminence, so that it garners trust and delivers sustainable outcomes. The first is climate change. The pace of action on transition risks arising from decarbonization will ebb and flow based on the political environment. But the physical risks of climate change will also…
Also Read: Mint Quick Edit | Trump’s at it again, sending mixed signals This a rudimentary game of ‘chicken,’ which is often referred to in ‘game theory’ made famous by John von Neumann and Oskar Morgenstern. Now, let us put names to the players. A is Donald Trump, who has made his intentions clear. B…
