Corporate India Vol, 16 No. 14 April 16-30, 2025

Abstract

After sending shock waves to all trading partners of the US, including India, by announcing reciprocal tariffs, President Donald Trump has postponed the implementation of his plan for 90 days. India should utilise this 3-month gap to seal an India-US trade deal which can soften the blow of the tariff war on India. Otherwise, this will adversely hit our export earnings. Michael Kugelman, a noted South Asia analyst, has rightly said that even Mr Modi’s ‘rapport’ with Mr Trump could not shield India from the tariff storm which has exposed our trade vulnerabilities.