Trump’s tariff tantrum hypocritical, well resisted by India
The Tribune Editorial: To counter the economic blow of the tariff penalties, India should expand trade agreements that respect mutual interests, not hegemony.
US President Donald Trump’s threat to increase the tariff on Indian goods a couple of days after the decision to impose a 25 per cent tariff — ostensibly in response to India’s continued purchase of Russian oil — is strategically unsound and reeks of hypocrisy. India has rightly defied the threat as “unjustified and unreasonable” even as the potential impact is significant. The new tariffs could reduce India’s exports to the US by nearly 30 per cent. Textile exporters have already flagged mounting losses, while trade bodies have conveyed dismay over Washington’s stance.