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While there’s plenty of loud and justified criticism of Trump’s tariffs, one critical angle is being completely overlooked: this is India’s fault—specifically, the fault of a political class lacking in true statesmanship.
Unlike China, which wields strategic levers like manufacturing dominance, control over rare earths, leadership in EVs, strong international brands, and a robust defense industry, India continues to rely on taxes from a white-collar, back-office service class, NRI remittances, and lavish spending on junk like Rafales and Sukhois. Meanwhile, the political discourse remains mired in caste politics and reservation rhetoric.
India needs a wake-up call—much like the one it got in 1991. And in that sense, Trump’s hard stance may be a favor. Perhaps now, the political class will realize the need to put vote-bank politics aside. If not, India risks heading into a great depression, followed by revolution, dictatorship—or worse, a new form of colonization, this time by China.
Consider this: India’s savings rate has steadily dropped from 23% to 18% over the past decade, while the credit card spending jumped 13 times. however number of billionaires has surged from 97 in 2015 to 284 in 2025. The middle class is at risk of slipping into poverty, while politicians continue to favor few big names to get the funding and gamble with the nation’s future.
Time to wake up—before it’s too late.
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