How Trump's tariff shocker can be India’s real chance at trade reform

Apr 3, 2025 | 15:42 IST

Trump announcing the reciprocal tariffs at the White House

...And why Modi administration needs to reconsider its approach of putting local tycoons’ interests first

Donald Trump’s “Liberation Day” package of tariffs is being interpreted in India in three different ways.

The immediate reaction is relief mixed with schadenfreude: At 26%, the tax on India is not the slap on the wrist that diplomats in New Delhi would have hoped for, especially after making concessions to Elon Musk’s Tesla, and Starlink, as well as to Alphabet. and Meta Platforms. But it’s at least less severe than China’s 34% and Vietnam’s 46%.

TOI

TOI

How Trump's tariff shocker can be India’s real chance at trade reform

...And why Modi administration needs to reconsider its approach of putting local tycoons’ interests first

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TOI

How Trump's tariff shocker can be India’s real chance at trade reform

...And why Modi administration needs to reconsider its approach of putting local tycoons’ interests first

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