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We Talk: Indian scholar: Trade war is not good for anyone
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Following the announcement of a 25-percent tariff on steel and aluminum imports, U.S. President Donald Trump signed a memorandum on February 13 directing his administration to assess "the equivalent of a reciprocal tariff with respect to each foreign trading partner." These decisions have garnered widespread attention and strong reactions globally.
Indian scholar Professor C. Veeramani noted that if the "reciprocal tariffs" policy is enacted, it could trigger a trade war, ultimately harming the global economy and employment. "A trade war is not good for anyone," he added.
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