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US Tariffs: A Wake-Up Call for Smarter Trade
The Statesman Siliguri
|August 07, 2025
Starting this month, American consumers are shopping for Indian goods, and Indian exporters shipping to the U.S. will feel the sting of a new 25 percent tariff slapped by the Trump administration.
In a move framed as protecting domestic manufacturing, Washington's latest trade salvo imposes up to 25 percent duties on a range of Indian exports—including 25 percent on certain textiles and auto components, and 10-15 percent on categories like generic pharmaceuticals and machinery parts.
But while headlines focus on diplomatic retaliation and political posturing, the real story here is about consumers, on both sides of the trade wall. Whether it is a small apparel brand in Gujarat, a turmeric exporter in Erode, or a U.S. importer sourcing affordable generics from Hyderabad, this tariff hike doesn't just punish trade; it punishes choice.
Instead of a knee-jerk reaction, India should treat this moment as a strategic wake-up call. The global trading order is shifting fast. Protectionism is making a comeback under the "national interest" banner, but everyday people bear its actual cost. Consumers pay more, get less, and lose access to innovation.
यह कहानी The Statesman Siliguri के August 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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