The imposition of 25% tariffs by the US could pose significant challenges for India’s economy by straining export-oriented sectors like MSMEs and manufacturing. The additional penalty tied to trading with Russia complicates international trade dynamics further, potentially deterring FDI in critical industries. disparities in tariff rates compared to regional peers raise questions about US policy consistency toward Asia-Pacific nations.
Asaduddin Owaisi’s remarks tap into broader concerns about how major geopolitical decisions might affect domestic job creation and economic growth in India. His criticism highlights key issues such as sovereignty versus external pressures in global trade agreements. if left unaddressed at diplomatic levels, these tariffs may lead to longer-term repercussions on India’s trade relations both with the US and other global partners.
Read more: Trump slaps 25% tariff