U.S. PRESIDENT’S AMERICA-FIRST POLICY BOUND TO HIT INDIA IN MULTIPLE WAYS
‘NEW AND IMPROVED’ TRUMP A SERIOUS THREAT TO GLOBAL TRADE ORDER
2025-01-22 15:49
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President Donald Trump lost no time in asserting his ‘Tariff Man’ image, which he appears to be relishing to no end. One of his first pronouncements was the 25 percent tariff on Mexico and Canada. His much-touted America First approach would mean this will be an expansive list, with China and EU countries next in line. India had found itself prominently on the list as well. Overall, an invigorated Trump is set to destabilise global trade. And that is no good news, including for countries like India, although the tariff offensive against Canada and Mexico is unlikely to have only one-sided impact and will have implications for the US and global economy.