Global Trade Relations Archives - Universal Group Of Institutions
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05Apr 2025

US Tariffs on Uninhabited Islands Raise Eyebrows

Why in the News ? The US imposed a 10% tariff on imports from Australia-governed Heard and McDonald Islands, which have no trade activity. Experts are puzzled, calling it symbolic or erroneous, given the islands’ ecological value and status as a protected nature reserve. Background and Geopolitical Context: The US President recently imposed a 10% …

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04Apr 2025

India’s Tariff Policy in Response to U.S. Trade Measures: A Comprehensive Analysis

Syllabus: GS – 3- Trade and Development , Economic activities , Tariff policy , International relations Focus : This article examines India’s tariff policy in the context of recent U.S. reciprocal tariff measures. It explores the economic rationale for reducing tariffs, analyzes the impact of U.S. actions on Indian exports, discusses the role of non-tariff …

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