#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
India Faced with Global Trade War Risks as Trump Imposes Tariffs on Asia
- Thursday, 03 April 2025
India's third-largest economy must navigate global trade war tremors triggered by Donald Trump’s tariffs. While India has fared better with a 27% tariff rate compared to Asian peers, it will still impact labor-intensive exports and domestic demand. However, this may lead to export re-routing from Asian peers and opportunities for India. The Indian government must be strategic in navigating the situation, prioritizing trade deal negotiations with the US while expanding export markets beyond the US, such as Europe, Southeast Asia, and Africa.
