Banik, Nilanjan and Chandrakar, Pranjal
An analysis of Trump’s tariff policy - Economic & Political Weekly - 60(49), Dec 6, 2025: p.37-42
Examining the rationale for Trump’s tariffs, this article argues that while tariffs are problematic as a policy instrument, the Trump administration is strategically deploying them in an attempt to address large current account deficits. It identifies the countries that are most vulnerable to Trump’s tariffs and measures vulnerability by calculating the share of each country’s exports to the United States relative to their gross domestic product. As an exercise, it examines the bilateral trade of the US with Canada, China, India, and Mexico. –Reproduced
https://www.epw.in/journal/2025/49/insight/analysis-trumps-tariff-policy.html
An analysis of Trump’s tariff policy - Economic & Political Weekly - 60(49), Dec 6, 2025: p.37-42
Examining the rationale for Trump’s tariffs, this article argues that while tariffs are problematic as a policy instrument, the Trump administration is strategically deploying them in an attempt to address large current account deficits. It identifies the countries that are most vulnerable to Trump’s tariffs and measures vulnerability by calculating the share of each country’s exports to the United States relative to their gross domestic product. As an exercise, it examines the bilateral trade of the US with Canada, China, India, and Mexico. –Reproduced
https://www.epw.in/journal/2025/49/insight/analysis-trumps-tariff-policy.html