trump tariff
no knee-jerk reaction pls.we should act in a mature way with resolve.this is another opportunity for the indian cos./exporters to strengthen their strategy and stand up to this new challenge,which in any case was expected.incidentally,very few indian cos.follow the govt.regulations to the "T". more
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Agree. https://www.dailypioneer.com/2025/columnists/time-to-convert----aapda----into----avsar---.html It is time to diversify and make the Indian economy more competitive. Despite the blow, India has options to mitigate the fallout. First, diplomatic engagement must be prioritised. India’s trade negotiators will need to press for a bilateral resolution, leveraging the strategic importance of the US-India relationship. This is already on the horizon, though nothing concrete has been achieved so far. Second, India could redirect its export thrust towards alternative markets such as the EU, Southeast Asia, and Africa, where demand for Indian goods is growing and tariffs remain moderate. Third, domestic policy must step in to cushion the impact. The Reserve Bank of India has room to further ease interest rates, monetary space exists to support investment and consumption. Additionally, the Government could extend targeted incentives to exporters in affected sectors, particularly MSMEs, to help them stay afloat and explore new markets. Finally, this disruption should be a catalyst for accelerating India’s structural reforms — improving trade logistics, reducing compliance costs, diversifying the export base, and investing in quality standards that enable Indian products to compete globally beyond price alone. As India absorbs this shock, it must view it not just as a diplomatic or trade skirmish, but as a turning point — a reminder that economic resilience lies in diversification, self-reliance, and agility in a volatile global order. more
Aug 03
As a country we should focus on today's needs. We should work towards equipping ourselves with necessary skills. Then we can insulate against the likes of Donald Trump. I think world ranking does not matter. It is immaterial whether we are 4th or 3rd largest economy. How do we take care of our people at the present population and projected population for the next 50 years in terms of food security. We must aim at progress in terms quality of life for all, societal harmony, justice for all, nil crime rates, our security with possible hostile neighbours as well as adversaries,, scientific development, space exploration, Research & development, health advancements for people, proper industrialisation with an eye on environmental preservation, better governance and fulfilling our duties in the world. more
Aug 03
The Trump tariffs present both challenges and opportunities for India. Here's a nuanced perspective: Challenges 1. Impact on exports: Higher tariffs could affect Indian exports to the US, potentially leading to economic losses. 2. Trade disruption: Tariffs might disrupt established trade relationships and supply chains. Opportunities 1. Diversification: Indian companies can explore new markets and reduce dependence on the US. 2. Competitive advantage: Tariffs could create opportunities for Indian exporters to gain a competitive edge in other markets. 3. Innovation: Companies might invest in research and development to create new products or improve existing ones. Mature response 1. Diplomatic efforts: Engage in dialogue with the US to resolve trade issues and negotiate favorable terms. 2. Market diversification: Explore new markets and trade agreements to reduce dependence on the US. 3. Export promotion: Support Indian exporters through incentives, training, and market research. 4. Invest in innovation: Encourage research and development to improve product quality and competitiveness. Conclusion: By responding maturely and strategically, India can mitigate the negative impacts of tariffs and capitalize on emerging opportunities. more
Aug 01
