Dhruva Jaishankar outlined the tariff priorities of President Trump focusing on Canada, Mexico, China, and the EU, while noting India’s relative exemption. He discussed potential impacts of U.S. tariffs on India and emphasized the significance of the ongoing Raisina Dialogue as a constructive forum for international discourse, particularly regarding the Ukraine conflict.
Dhruva Jaishankar, Executive Director of the Observer Research Foundation, indicated that the tariff priorities for U.S. President Donald Trump encompass Canada, Mexico, China, and to a lesser extent, the European Union, while India has been relatively exempt. Jaishankar mentioned that the imposition of global reciprocal taxes, announced prior to Trump’s meeting with Indian Prime Minister Narendra Modi, could severely impact India alongside other nations.
In summary, the U.S. tariff talks could significantly affect India’s trade relationships, particularly under the reciprocal tax regime introduced by President Trump. Meanwhile, the Raisina Dialogue has emerged as a vital platform for global discussions on pressing geopolitical issues, where India’s role as a mediator, particularly in the Russia-Ukraine conflict, remains open but largely contingent on the willingness of both parties. Overall, the situation warrants close observation as negotiations unfold.
Original Source: www.business-standard.com
