Dhruva Jaishankar emphasized President Trump’s tariff focus on Canada, Mexico, China, and the EU, noting India’s relative exemption. He expressed concerns about the impact of global reciprocal taxes on India. Jaishankar also discussed the Raisina Dialogue and the ongoing Russia-Ukraine conflict, underscoring the need for active negotiations.
Dhruva Jaishankar, Executive Director of the Observer Research Foundation, indicated that President Donald Trump’s tariff priorities focus primarily on Canada, Mexico, China, and to some extent, the European Union, while India has, thus far, been somewhat exempt. Jaishankar expressed concern that India might be significantly affected by the announcement of global reciprocal taxes, particularly given its higher tariff rates compared to the United States.
In summary, Dhruva Jaishankar highlighted the critical tariff priorities of the Trump administration, the ongoing discussions between India and the US regarding trade negotiations, and the importance of the Raisina Dialogue as a constructive global forum. He also commented on the geopolitical dynamics surrounding the Russia-Ukraine conflict and the implications of reciprocal trade tariffs for the Global South. Continuous negotiations and dialogue are essential to mitigate potential trade tensions and foster international cooperation.
Original Source: www.business-standard.com
