Sansad Tv
The global trade landscape has dramatically shifted following the announcement of extensive tariffs by US President Donald Trump earlier this month. The immediate effects were felt in global markets, leading to a crash on wall street, dalal street and other indices. Economists warn that these tariffs could trigger a global recession, particularly impacting the world’s poorest economies.
President Trump declared a series of tariffs, starting with a minimum of 10% on imports from all countries. Specific countries faced even higher tariffs.
India faces 26% tariff rates in addition to a baseline tariff of 10%. Trump argued India subjected the U.S. to 52% tariff rates in contrast to Washington charging “almost nothing for years and years and decades”.
In this edition of Viewpoint we will analyse President Trump’s Liberation Day Tariffs and their implication for India and the world.
Guests:
1- Rudra Pandey, International Trade & Commerce Expert and Partner at Shardul Amarchand Mangaldas & Co.
2- Jayant Dasgupta, Former Ambassador, World Trade Organization.
Anchor: Frank Rausan Pereira
Producer: Gayatri Bhattacharyya
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