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Experts Advise India to Observe US Trade Tariffs and Formulate Policy Response
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India Should 'Wait And Watch' on US Tariffs, Experts Advise at Rising Bharat Summit
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News18
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27-02-2026, 13:25
India Should 'Wait And Watch' on US Tariffs, Experts Advise at Rising Bharat Summit
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Foreign trade experts at News18 Rising Bharat Summit advise India to be cautious and assess legal developments regarding proposed US tariffs.
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Biswajit Dhar notes the actual US tariff rate is likely 10%, not 15%, and India should avoid premature reactions due to US legal constraints.
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Gurcharan Das suggests US pressure could be an opportunity for India to implement long-pending economic reforms and boost competitiveness.
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Ajay Srivastava highlights that tariff pressure is a global dilemma, not unique to India, affecting countries like Europe, Japan, and South Korea.
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Experts emphasize focusing on strengthening India's own competitiveness and questioning the benefits of new trade deals with the US.
Read Full Article on News18 in English
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