BS EDIT: Prepare to Bargain: India’s Response to US Tariffs

The Tariff Shock

• US imposes 25% tariffs on Canada & Mexico, 10% on China

• Europe could be next

• Trump’s strategy: pressure allies, negotiate later

India Must Be Ready

• Tariffs are a bargaining tool

• India must prepare for tough negotiations

• Budget signals India’s willingness to adjust

Strength & Diplomacy

• US prioritises deals—India must offer trade incentives

• Identifying key sectors for access is crucial

• Balancing concessions with strong positioning is key

Retaliation Options

• India must plan countermeasures

• Strategic tariffs can protect key industries

• Showcasing economic resilience is critical

Global Trade Alliances

• India must reduce US dependence

• Speed up RCEP, EU trade talks

• Strengthening alternative partners is vital

The Way Ahead

• Engage the US with pragmatism

• Negotiate while deepening global ties

• Adapt to the new trade order