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India needs to make rational choices in tariff standoff with the US

While the near-term outlook is uncertain, India must begin preparing to confront the unfortunate reality it now faces

US TARIFFS, RETAIL
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While the near-term outlook is uncertain, India must begin preparing to confront the unfortunate reality it now faces. It simply cannot let go of its biggest export market. (Illustration: Ajaya Mohanty)

Business Standard Editorial Comment
The imposition of an additional 25 per cent tariff by the United States (US) on imports from India, on top of the 25 per cent reciprocal tariff, has placed India in a difficult position. White House Trade Adviser Peter Navarro argued last week that the additional tariff was on account of national security concerns because of India’s continued import of Russian crude oil. The broader thinking, which US President Donald Trump also underlined, is that India’s import of Russian oil is helping it fund the Ukraine war. In that case, the US should have first targeted China, which