Trump’s Reciprocal Tariffs: A Trade War or Just Tough Bargaining?

India hit with a 26% tariff on exports to the US. But is there an opportunity amid the chaos? A look at the trade war’s impact and India’s next move

Trump has announced reciprocal tariffs on 25 countries, and India isn’t spared- facing a 26% tariff on exports to the US, on top of the existing 10%. With about $78-80 billion worth of goods heading to the US annually, it is being seen as a significant blow. However, India's competitors in trade have been hit even harder, with Bangladesh facing a 37% reciprocal tariff, Sri Lanka 44%, Vietnam 46%, and Cambodia 49%. Could this be a chance for India to gain an edge in global trade? While a mini trade deal is in the works, the US-China rivalry is playing out in unexpected ways. How should India respond? Would it be possible to turn this setback into a strategic advantage?

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