In response to a 25% tariff imposed by the US, members of the Prime Minister’s Economic Advisory Council, Dr. Sajid Chinoy and Neelkanth Mishra, analyze the situation. They characterize the move by President Donald Trump as a negotiating tactic rather than a permanent policy shift. The economists discuss the potential risks for India, including disruptions to its exports to the US and a potential ‘China shock 2.0’. However, they strongly advise against retaliatory tariffs. Instead, they frame the global pressure as a critical opportunity for India to enact significant domestic economic reforms. As Neelkanth Mishra stated, "frankly, it is pressure like this where you feel isolated, which brings the country together… perhaps this is an opportunity for us to undertake reform." They suggest focusing on strengthening the domestic market and improving the ease of doing business to attract investment and secure long-term growth. #ustariffs #tradewar #donaldtrump #itwebvideos #indiausrelations #indianeconomy #economicreforms #makeinindia #chinaplusone #globaltrade #protectionism #sajidchinoy #neelkanthmishra #indiatoday
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—–Chapters——
00:00 US Tariff War: Experts Warn of Global Trade Disruption, ‘China Shock 2.0’
04:10 Exclusive: Neelkanth Mishra On US Tariff Threat, India’s Growth & The Way Forward
09:27 Special Report: Can US Tariff Pressure Unlock India’s Economic Reforms?
13:34 India’s ‘Mrs.5’ Strategy: Play It Cool, Use Pharma Leverage Amid Trade Deadlock
—–Chapters ——
