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Neither our governments nor our highly profitable big companies and business groups have focused on the problems that put us at the mercy of certain countries
5 min read Last Updated : Aug 04 2025 | 9:57 PM IST
United States President Donald Trump’s angry outburst and the immediate application of 25 per cent tariffs on all goods from India have once again brought into focus our economic vulnerabilities, despite being the fourth-largest economy in the world. But the Trump tariff tantrums also tend to divert attention from two other threats to the Indian economy that briefly caught some media attention.
The first involved China putting the brakes on rare earth and rare earth magnets exports, which have thrown our automobile industry in a tizzy. The second was the sudden denial of services by Microsoft to Nayara Energy, 49
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