Chidambaram Questions Govt’s Strategy on Possible Trump Tariffs
Concerns Over India-US Trade Relations
Senior Congress leader P. Chidambaram raised a crucial question in Rajya Sabha, asking how the Indian government plans to respond if Donald Trump reintroduces trade tariffs. His remarks highlight growing concerns over India-US trade policies and their future impact.
Equalization Levy & Tariff Reductions
Referring to the Centre’s recent decision to remove the 6% equalization levy on digital ads, Chidambaram pointed out that despite these tariff reductions, Trump may still not be satisfied. He suggested that India must prepare for potential trade challenges if Trump returns to power.
India’s Trade Policy Under Scrutiny
As global economic uncertainties rise, India’s trade policies and tariff strategies face increasing scrutiny. Experts believe that a balanced diplomatic approach will be key to maintaining stable US-India trade relations in the future.
