Sahoo, Pravakar Bishnoi, Ashwani Parashar, Mala and Rao, Kavya

Implications of US’s trade policy on India: Minimising damage and maximising opportunities - Economic & Political Weekly - 60(15), Apr 12, 2025: p.47-61

The resurgence of United States trade protectionism under the second Trump administration presents challenges and opportunities for India’s trade and investment landscape. We analyse the implications of the proposed reciprocal tariffs by the US at the HS 2, HS 4, and HS 6 levels. Further, the paper evaluates India’s export competitiveness, sectoral vulnerabilities, and potential gains in merchandise trade vis-à-vis India’s competitors in US markets, mainly focusing on the US’s targeted tariffs on China, Canada, and Mexico. The findings offer insights for India’s trade negotiations and strategies to strengthen India’s position in the rapidly evolving global trade environment.- Reproduced

https://www.epw.in/journal/2025/15/special-articles/implications-uss-trade-policy-india.html