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India Plans Trade Retaliation Over US Tariffs Why in the News ? India has formally notified the WTO of its intent to suspend concessions to the US following steep tariffs imposed by Washington on steel and aluminium. The US has rejected India’s notice, claiming the tariffs are national security measures, not safeguards. Background of the …
Read MoreWhy in the news? Tariffs are likely being used as aggressive opening moves in a broader negotiation strategy, especially in bilateral contexts. The Trump administration’s approach, while strategic, tends to undermine established international institutions. It erodes mutual trust between trading partners and challenges the norms of multilateral cooperation. Understanding Trump’s Trade Approach and Its …
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