Clash of Rhetoric & Reality
Millennium Post Kolkata
|Kolkata 02 September 2025
As the US imposes 50% tariffs on $60 billion of Indian exports, the Trump-era labelling of India as the "Maharaja of Tariffs" raises bigger questions about who really owns this controversial crown in global trade politics
When President Trump's senior advisor branded India the "Maharaja of Tariffs," the phrase instantly caught global headlines and stoked trade policy debates. It was a sharp rhetorical jab—an accusation that India protected its markets behind excessive tariffs, unfairly limiting American products while exporting freely to the United States. But in the evolving saga of trade tensions, President Trump and his administration also imposed very high tariffs and launched what could only be termed a tariff war against many countries, including India itself, with sweeping duties that reshaped global commerce in unprecedented ways.
With the latest round of Trump-era tariffs doubling on 27 August 2025 to a staggering 50% on $60 billion worth of Indian exports, the rhetorical war demands fresh scrutiny. Who deserves the real title of "Maharaja of Tariffs"—India, or the U.S., whose administration has weaponized tariffs like never before?
India's Tariffs: High but Contextual
Indeed, India has historically maintained relatively higher tariffs compared to developed economies. But these tariffs date back to India's post-independence strategy of import substitution and safeguarding domestic industry—particularly agriculture, which still engages nearly half the workforce. Tariffs served two purposes: to provide infant industry protection and to shield small farmers and fishermen against global market swings and subsidy-heavy competitors like the U.S. and EU.
このストーリーは、Millennium Post Kolkata の Kolkata 02 September 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Millennium Post Kolkata からのその他のストーリー
Millennium Post Kolkata
‘Zero FIR lodged in Birbhum over death of migrant worker in UP’
KOLKATA: The police have registered a zero FIR in Birbhum district over the death of a migrant worker in Kanpur in Uttar Pradesh, based on the complaint of his wife that he was murdered, a TMC MP said on Wednesday.
1 min
October 30, 2025
Millennium Post Kolkata
PM can do ‘anything for votes…
Accusing the BJP of \"misusing\" the JDU supremo's image to control the state.
3 mins
October 30, 2025
Millennium Post Kolkata
'CAUTION IS SAFETY': KMC on high alert to tackle Cyclone Montha impact
KOLKATA: Taking lessons from the city's waterlogging woes during the Durga Puja rains in late September, the Kolkata Municipal Corporation (KMC) has swung into action early this time to deal with impacts of Cyclone Montha.
1 min
October 30, 2025
Millennium Post Kolkata
Anxiety grips Panihati neighbourhood as SIR sparks fear after 57-yr-old’s suicide
ONCE A PLACE OF PEACE, NOW GRIPPED BY FEAR
2 mins
October 30, 2025
Millennium Post Kolkata
Posta Bazar: Mamata calls for unity, urges people to reject divisive forces
'GENUINE VOTERS SHOULD NOT BE HARASSED'
1 min
October 30, 2025
Millennium Post Kolkata
NAGALAND VARSITY SOUNDS ENVIRONMENTAL ALERT FOR LOKTAK LAKE IN MANIPUR
A Nagaland University study has sounded an environmental alert for Loktak Lake, one of India’s most iconic freshwater ecosystems and a designated “Ramsar Site’ in Manipur. The study was jointly supported by Nagaland University and IIT Delhi.
1 min
October 30, 2025
Millennium Post Kolkata
Farmers told to protect crops, avoid fertiliser use
Agri dept advisory amid Montha alert
1 min
October 30, 2025
Millennium Post Kolkata
One-day is all it takes
Women’s WC: Harmanpreet and Co face stern test against Australia in semi-final
1 min
October 30, 2025
Millennium Post Kolkata
'Govt may allow sugar exports'
The government is considering allowing sugar exports in the 2025-26 marketing year, as surplus stocks accumulate due to lower-than-expected diversion of the sweetener for ethanol production, a top government official said on Wednesday.
1 min
October 30, 2025
Millennium Post Kolkata
'Inferior quality coal' robs Darjeeling Himalayan Railway of steam
WORLD HERITAGE TAG QUESTIONED
2 mins
October 30, 2025
Listen
Translate
Change font size

