Customs DutyArticle·12 April 2025
Trumpistan- Get out of the box & think approach. Global tariff war unleashed.
By J the App
Executive Summary
No one would have remotely thought last year that the third world war would erupt so soon in the form of global tariff which has been unleased by the US on allies and adversaries alike. India has been slapped with a 27% tariff across the board on all the imports. China which was gut punched with a 34% has retaliated with its own 34% tariff on imports from the US. Here's J's take on different approaches mid term and long term which GoI can adopt given its amazingly nuanced approach to US unilateral tariff measures.
This is the second part in continuation to the article published by J in the month of December 2024 titled “Trump Triumphs-Does this mean rocky trade imbalance for India”
The Presi...
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