Amid escalating trade wars, India must decide whether to integrate further into global markets or risk being left behind. #tradewars #protectionism #tariffs #tradedeficit Read more »
History shows that prolonged tariff wars fuel inflation, stifle innovation, and erode diplomatic ties, ultimately leading to more economic losers than winners. #tradewars #tariffs #protectionism #Trump2.0 Read more »
The economic crisis triggered by the pandemic and Ukraine-Russia war has led to the rise of protectionism that is negating the gains of #globalisation in the last few decades. #G20 #multilateralism Read more »
Restrictive foreign trade policy without domestic competence can be a restraint as observed in the post-Covid period when industries such as tyres and pharmaceuticals suffered. Read more »