Amid rising trade tensions, India is preparing to apply retaliatory taxes on a variety of US goods, indicating a stronger attitude. This decision comes in response to recent US measures affecting Indian exports and marks a significant shift in India’s approach to economic diplomacy. Officials say the move is aimed at protecting domestic industries and pushing back against what they describe as “unfair trade practices.”
Over the past few weeks, India has taken a more assertive position on global trade issues, rejecting one-sided trade concessions and demanding more equitable treatment. The planned tariffs will likely impact key American exports such as agricultural products, medical devices, and select manufactured goods.
This comes as negotiations came to a standstill and dissatisfaction over unresolved trade imbalances grew. As it looks to diversify trade partnerships and boost domestic manufacturing under its “Atmanirbhar Bharat” (Self-Reliant India) campaign, analysts see India’s move as part of a larger strategy to demonstrate strength on the international scene.
Although the US has not yet publicly responded to the planned tariffs, analysts caution that if this tit-for-tat is not handled delicately, it might turn into a larger trade spat. Nonetheless, both countries remain hopeful that their trade disputes may be resolved amicably and through fresh communication.
