1 week, 4 days ago

Andy Mukherjee: Trump’s tariffs should push India to double down on reforms

US President Donald Trump ’s ‘Liberation Day’ package of tariffs is being interpreted in India in three different ways. Has India’s Narendra Modi administration erred in placing too much trust in his friendship with Trump, and by refusing technology and capital from Beijing? If GST is lowered, but agriculture remains behind high tariff walls, will India qualify for Trump’s global rate of 10%? There’s no need for New Delhi to feel shackled by ‘Liberation Day.’ ©Bloomberg The author is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia.

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