The latest developments in the trade war have already impacted global markets. In just 2 days, fears over escalating U.S. tariffs have wiped out $180 billion from Indian stocks, highlighting investor concerns over trade disruptions and global economic uncertainty. In early February 2025, President Donald Trump announced a 10% tariff on all Chinese imports, aiming to address ongoing trade imbalances and concerns over China’s trade practices. 
In response, China imposed retaliatory tariffs ranging from 10% to 15% on U.S. goods, including coal, liquefied natural gas, crude oil, agricultural machinery, and large-engine vehicles. India, once again, finds itself caught in the crosshairs, facing new uncertainties in trade partnerships and supply chain realignments. 
Last week, I listened to a podcast featuring someone who talks about global issues. It made me realize that this situation is not just about tariffs and their rates.
It’s really about how the current government’s restrictions might not stick around if a new administration steps in after the current president’s term ends. For the USA, there aren’t any lasting policies—each administration comes in and puts their own rules in place, and then the next one comes in and cancels them out. This kind of uncertainty is the first piece of the puzzle that influences everything else.
That’s not true. Those are just opinions. Data says, US is one of the few countries in the World to have the same policy applicable for a decade atleast. The last time SEC law overhauled was nearly 15 years ago (major laws), versus SEBI’s regulations which comes every 3 months.
What you are talking about is that the US identifies the gaps and plugs them as soon as possible. Illegal immigrants? That’s a gap to be plugged.
However, in India though, with every new administration comes a new set of laws, outlooks and the definition of what you do, eat, wear and those stuff.
Can you name 5 (major) policies that the US put in place and cancelled it? For every 1 you name, I’ll name 10 of India’s.
Ji, I wasn’t trying to compare countries; instead, I wanted to discuss how those in charge can change international trade rules whenever they see fit. How Executive powers are being used to sign orders to revoke existing trade policies and implement new policies.
It’s like sailing a boat—if the weather is unpredictable, it’s a challenge, but when you know what to expect, you can navigate through it much better.
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Well, that was the norm, but not anymore. This is the confusion about.
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Right wing political parties seeing a major comeback globally. UK, US, India, Australia, literally everywhere democracies are on a decline. We will see more of these knee-jerk reactions in the future. The new normal I guess.
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