A leading American economist has issued a warning to BRICS nations after Donald Trump’s recent remarks on imposing 50 percent tariffs on Indian goods if he returns to the White House. The economist noted that such a move could trigger significant trade disruptions, not just for India but also for emerging economies aligned under BRICS.
Trump, who has often described himself as a “tough negotiator,” said that the tariffs were necessary to protect American industries. However, experts believe that the aggressive stance could spark retaliation from BRICS partners, leading to heightened tensions in global trade.
The warning highlights growing concerns that escalating tariff wars may impact supply chains, trade balances, and diplomatic ties. Analysts suggest that India, being a key player in BRICS, will have to balance its economic interests with the challenges posed by Washington’s protectionist approach.
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