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Friday, July 18, 2025
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Home50-Word EditLower tariffs are good for India. Oligarchs should face global competition 

Lower tariffs are good for India. Oligarchs should face global competition 

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If Trump’s reciprocal actions push India to lower tariffs, it is actually good for us. Indian oligarchs should face global competition, and consumers will benefit from increased choice. India’s protectionist turn in recent years needs correction. Trade is a vital engine of growth. Opening up further will rev it up.

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India made the right call on Ukraine war and its pragmatism was great strategic foresight. By not forsaking Russia, India struck a geopolitical balance, while also guarding its own energy needs. After Trump’s phone call with Putin, European self-righteous critics find themselves on shaky ground—vulnerable and forced to restrategise.

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1 COMMENT

  1. Steadily declining tariffs. Ease of doing business for the SMEs. Joining trade groupings like RCEP. Becoming embedded in value chains.

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