India Must Not Fall Into Trump’s Tariff Trap

India Must Not Fall Into Trump’s Tariff Trap

Kaushik Basu urges the country's policymakers to forgo tit-for-tat measures and prioritize diplomacy over confrontation.

Trump’s Tariff to Crush Indian IT Sector Next?

Donald Trump’s new 50% tariff on Indian goods, effective from August 27, will clearly impact manufacturing. Yet, India’s IT sector may emerge as a silent victim, as the political move could create long-term risks for tech professionals. Indirect Threats to IT Outsourcing For now, software exports remain untouched. However, American companies facing higher costs for […] The post Trump’s Tariff to Crush Indian IT Sector Next? appeared first on M9.…

How should India respond to Trump’s tariff shock?

The country has to set short-term pain against the long-term costs of the trade concessions sought by the USA, and think creatively In the second week of August, India entered a dramatically different world. Citing its import of Russian oil, US president Donald Trump imposed an additional 25% tariff on the country, effectively boosting the tariff on Indian exports to the USA by 50%. His decision cut off Indian exporters in labour-intensive secto…