What will be the global repercussions of the increasing rate of tariffs, how will India be affected?
top of page
To see this working, head to your live site.
1 Comment
Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page
The rising wave of tariffs in global trade wars is honestly bad news for almost everyone. Higher tariffs mean more expensive imports, which usually leads to inflation and disrupted supply chains. Countries that rely heavily on trade, especially exports could see slower growth as demand for their goods drops.
For India, it’s kind of a double-edged sword. On one hand, if two major economies like the US and China are targeting each other with tariffs, India could actually benefit in the short term by stepping in as an alternative supplier, especially in sectors like electronics, textiles, and pharmaceuticals. We’ve already seen some manufacturers shifting operations to India because of this.
But on the other hand, India isn’t immune to the ripple effects. Global uncertainty, slower world trade, and falling investor confidence can hurt our exports too. And since we import a lot of things like oil and tech components, higher global tariffs or supply disruptions can drive up costs domestically.
So yeah, while there might be some short-term gains, the bigger picture is risky, especially if these trade tensions drag on and lead to a more protectionist world.