The USTR proposes a 12.5% unilateral tariff on India and 53 other economies for failing to block forced labor imports. This strategic move threatens India’s export competitiveness and drastically complicates the ongoing India-US Bilateral Trade Agreement (BTA) negotiations.
Click to View MoreThe rupee’s fall past 90 reflects a strong US dollar, FPI outflows and a widening trade deficit. While it raises imported inflation and debt costs, it aids exports like IT and pharma. The RBI follows a managed float, using forex reserves to limit volatility and maintain economic stability.
Click to View MoreThe US's "Trumponomics" strategy, which includes tariffs, has significantly impacted the global economy, triggering trade wars and disrupting supply chains. India faces both challenges like potential export losses and currency devaluation, and opportunities to reposition itself in the global market. A strategic response focusing on diversification and competitiveness is crucial.
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