India-UK FTA: A Lifeline Against US Tariff Shock?

Economist Dipanwita Mazumdar believes the recently concluded Free Trade Agreement (FTA) between India and the United Kingdom could significantly aid India in mitigating the effects of the 25 percent tariff imposed by US President Donald Trump.

The FTA, she suggests, offers alternative export markets and potentially new avenues for Indian businesses impacted by the US tariffs. This diversification strategy is crucial for economic stability.

Mazumdar’s analysis highlights the importance of strategic trade partnerships in navigating global economic uncertainties. The India-UK FTA, she argues, is a timely and vital step in this direction.

This development holds significant implications for India’s export-oriented sectors. The ability to offset potential losses from the US market will be key to maintaining growth and employment. The success of this strategy will be closely watched by policymakers and businesses alike.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.