The US has replaced one legal route for tariffs with another, keeping import duties central to its trade policy and prolonging uncertainty for global commerce
New tariffs under Section 301 follow investigations into issues like forced labour. With more probes underway, businesses face an evolving and unpredictable trade landscape
Indian exports now face additional US tariffs. Future investigations could raise duties further, complicating trade planning and investment decisions
Tariffs have become tools of diplomacy and strategic pressure, extending beyond economics to influence energy, security and broader international relations
India's trade talks with the US continue, but shifting American policies make durable agreements harder to secure and long-term planning more challenging
India should pursue a balanced trade strategy by deepening existing FTAs, expanding export markets and strengthening competitiveness to reduce dependence on any one economy