💨 Abstract

Trump's trade tariffs are causing global economic chaos, including in India. The Indian market's moderate dip suggests a compromise is expected. India should avoid damaging reactions, reverse protectionism, protect vulnerable sections like farmers, and safeguard growing sectors like automobiles. Inaction is not an option given India's vulnerability to US action, as the US is India's only major trading partner with a trade surplus.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖