Will Trump’s Tariffs Derail India’s Economy? | by Shashi Tharoor - Project Syndicate

Will Trump’s Tariffs Derail India’s Economy?

By Shashi Tharoor - Project Syndicate | Mar 17, 2025The US administration’s plan to impose “reciprocal” import tariffs could severely curtail key Indian exports, including chemicals, metals, auto parts, and pharmaceuticals, leading to job losses and undermining fiscal stability. India has little choice but to lower its own tariffs while negotiating improved access to the US market. NEW DELHI – US President Donald Trump’s tariff threats have domi…

Will Trump’s Tariffs Derail India’s Economy? | by Shashi Tharoor - Project Syndicate

The US administration’s plan to impose “reciprocal” import tariffs could severely curtail key Indian exports, including chemicals, metals, auto parts, and pharmaceuticals, leading to job losses and undermining fiscal stability. India has little choice but to lower its own tariffs while negotiating improved access to the US market.

US Economy Impact: If panic about America's recession spreads, this growing business of India will sink

US Economy Impact: Since Donald Trump became the President of America, there has been instability in the global economy. He has waged a tariff war against many countries including China, Mexico, Canada, which has had a negative impact on international trade. Recently, he has also talked about imposing tariffs on India. Along with this, the possibility of economic recession in the US in the coming months is also increasing. If both these crises e…

Stephen Olson quoted by CNBC: “Trump’s tariffs could push U.S. allies elsewhere — including China and India”

This article was published on 14 March 2025. Stephen Olson is Visiting Senior Fellow with ISEAS – Yusof Ishak Institute. To read the article, visit The post Stephen Olson quoted by CNBC: “Trump’s tariffs could push U.S. allies elsewhere — including China and India” appeared first on ISEAS-Yusof Ishak Institute.