Observer Research Foundation (ORF) Executive Director Dhruva Jaishankar stated on Monday that U.S. tariff policies under President Donald Trump have primarily focused on Canada, Mexico, China, and the European Union, while India has largely remained unaffected.
Speaking to ANI, Jaishankar noted that before a meeting with Indian Prime Minister Narendra Modi, Trump announced plans for global reciprocal taxes. He indicated that such measures could impact multiple countries, including India, Malaysia, and Brazil. However, ongoing trade discussions between India’s Minister of Commerce and Industry and the U.S. Trade Representative could lead to an interim agreement before April 2, with further negotiations expected later in the year.
Jaishankar emphasized that trade talks require compromises on both sides to prevent escalating tariff measures. He highlighted that in previous cases, the U.S. administration had shown flexibility in tariff decisions, leaving room for potential adjustments before final implementation.
Jaishankar also discussed the Raisina Dialogue, an annual conference held in New Delhi from March 17-19. Hosted by ORF in partnership with India’s Ministry of External Affairs, the conference has become a key global platform for discussions on geopolitics and geoeconomics.
He noted that this year’s dialogue features over 100 sessions and participation from more than 4,000 delegates, including representatives from over 100 countries. Compared to other international conferences, he described the Raisina Dialogue as having a “constructive and positive tone,” with key topics including trade, connectivity, and geopolitical shifts.
Addressing broader economic concerns, Jaishankar highlighted three key challenges facing the Global South: institutional reform, food and energy security, and climate justice. He noted that reforms in global institutions such as the World Bank, IMF, and the United Nations remain a priority for developing nations. Additionally, supply chain disruptions caused by recent global events have underscored the need for stronger international cooperation on food and energy security.
On climate policy, Jaishankar pointed out that different administrations have varying levels of engagement, affecting global climate discussions. He suggested that these issues present both challenges and opportunities for emerging economies, depending on how international policies evolve.
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