protectionism
Economist Gita Gopinath's Analysis Reveals Trump Tariffs Delivering Negative Results for US Economy
Oct 08, 2025 10:51 am CST
Former IMF Chief Economist Gita Gopinath has conducted a six-month assessment of President Trump's controversial tariff policies, concluding they have primarily functioned as a tax on American businesses and consumers while failing to improve manufacturing or trade balance. Her analysis reveals these protective measures have increased inflation in certain sectors without delivering the promised economic benefits, adding expert validation to growing concerns about the administration's aggressive trade approach.
The Economic Impact of Trump Tariffs on India's Export Sectors: Analyzing Vulnerabilities and Long-term Consequences
Oct 06, 2025 09:04 pm CST
This comprehensive analysis examines the profound impact of US tariffs on India's export-dependent sectors. With bilateral trade valued at $131.84 billion and the US accounting for 18% of India's exports, these tariffs threaten industries from leather and textiles to gems and electronics. The article explores how labor-intensive sectors employing millions in India's informal economy face particular vulnerability, potentially reducing GDP growth by 0.5-0.6% while causing factory closures, job losses, and market shifts to countries with lower tariff rates.
India to Chair BRICS in 2026: Group Condemns J&K Attack, Pushes for UNSC Reform, and Challenges Trade Barriers
Sep 27, 2025 05:38 pm CST
At the BRICS Foreign Ministers meeting during UNGA80, India secured unanimous support for its 2026 Chairship. The group issued a strong condemnation of the Pahalgam terrorist attack, advocated for UNSC reforms with explicit backing for India's permanent seat aspirations, and expressed concerns about rising protectionist trade measures affecting global commerce. The expanded BRICS membership demonstrates the bloc's growing role as a significant voice for the Global South in international affairs.
"If Indians Don't Budge...": Trump Adviser's New Trade Warning To New Delhi
Aug 28, 2025 05:03 pm CST
Donald Trump's top economic adviser has warned that if India fails to curb its Russian crude trade, the US President will not ease his stance on Washington's punitive tariffs on Indian imports.