Firstpost | How Trump’s tariffs can be opportunity in crisis for India

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. Sometimes, the most valuable gifts come in the most unexpected packages.

The Donald Trump administration’s recent imposition of tariffs on Indian goods could have a silver lining if India can seize the opportunity. In conditions reminiscent of the 1991 crisis that opened up India’s economy, India could use this opportunity for its long-overdue economic transformation by fostering a more export-oriented economy. This is an opportunity to shift the domestic Overton window on protectionism, albeit under pressure.

By Arindam Goswami

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