Trump’s Tariff Threat: Modi Govt’s Balancing Act Under Scrutiny
Former US President Donald Trump’s threat to impose higher tariffs on Indian goods has sparked a fresh debate on India’s foreign policy. Trump’s accusation centres on India’s alleged profiteering from Russian oil purchases amidst the ongoing Ukraine conflict.
The Congress party has seized on this development, criticizing the Modi government’s approach as a failure of its image-centric foreign policy. They argue the government prioritised optics over strategic economic interests.
India, however, has maintained a firm stance, reiterating its commitment to safeguarding national interests. The government’s response underscores its determination to navigate complex global dynamics independently.
This escalating trade tension highlights the precarious balancing act India faces in managing its relationships with major global powers, particularly amidst the geopolitical uncertainties stemming from the Ukraine war. The impact on Indian businesses and consumers remains a key concern as the situation unfolds. The coming weeks will be crucial in determining the trajectory of Indo-US trade relations.
