Congress leader Shashi Tharoor has expressed concerns over the lasting effects of tariffs imposed by the United States during Donald Trump’s presidency on the Indian economy. He emphasized that the measures had tangible consequences for trade and industry in India and cautioned against underestimating their impact.
Tharoor noted that while India has worked to diversify its trade partners and reduce dependence on the U.S. market, certain sectors—including steel, agriculture, and information technology—continue to feel the repercussions of these tariffs. He highlighted the importance of strategic planning and negotiations to mitigate such challenges in the future.
The leader also urged policymakers to focus on strengthening domestic industries, encouraging exports, and pursuing trade agreements that offer better safeguards against abrupt policy changes by foreign governments.
According to Tharoor, understanding the long-term effects of such measures is crucial for ensuring India’s resilience in global markets and maintaining steady economic growth.
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