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There's a world beyond those stars and stripes
August 04, 2025
|Mint Hyderabad
Frayed trade ties with the US will hurt Indian jobs more than GDP growth. While we focus on domestic drivers of India's economy, let's look beyond this global rupture of free trade
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In his uneven crank-up of import barriers for various countries on flaky logic, US President Donald Trump has pitted the world's top economy against the free-market theory that drove globalization after the Cold War. His 'America First' trade policy may also have tilted Cold War II odds of success—even if slightly—towards its big Asian archrival, China. It's a daring bet on an economic reset by White House whim. Even as the Oval Office shows signs of cabin fever, America's inward lurch has shaken the high seas, sending shudders all around the globe.
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