Trump wields tariff hammer again ahead of Modi meet
By Pragadish Kirubakaran, Pradeep Damodaran and Neeraja Gopalakrishnan in Media News on Tuesday, 11th February 2025 at 4:41pmIn a move reminiscent of his first term, Donald Trump has announced a 25 per cent tariff on steel and aluminium imports, setting the stage for another trade battle. The US President, who has made economic nationalism and MAGA a centrepiece of his campaign, claims these tariffs will protect American manufacturers and jobs. However, the move has sparked fears of global trade disruptions and India, though not the primary target, is preparing a diplomatic and economic response.
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According to Times of India’s Sidhartha and Surojit Gupta, India plans to cite its recent duty reductions on multiple imports to avoid getting entangled in the new tariff regime. Additionally, The Hindu’s Vikas Dhoot and Suhasini Haidar reported that New Delhi is considering offering lower ...
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