BS EDIT: Trump’s Trade Tariffs: Shaping Global Trade

By Business StandardPublished On Jul 9, 2025

US Imposes New Tariffs

Trump announces tariffs on imports from several countries. India remains absent, suggesting potential negotiations

Challenges in US Trade Negotiations

The US has only reached deals with the UK and Vietnam. Other countries face uncertain trade futures

Trump’s Focus: Trade Deficits

Trump views trade deficits as unfair and uses tariffs to address imbalances, even at the cost of multilateral agreements

Short-Term Gains, Long-Term Risks

US tariffs could fuel inflation and debt, affecting global financial stability and delaying policy changes

India’s Trade Uncertainty

India’s new trade deal with the US raises concerns, especially about the agricultural sector’s future

India’s Response to Global Trade Shifts

India must stay adaptable and seize emerging opportunities in a changing global trade landscape