Trump-Putin’s summit could be a turning point for Ukraine and global commerce. If talks succeed, sanctions could be adjusted & India might face fewer tariff troubles. If talks fail, expect a tougher Trump
If there is one tool Trump wields with as much relish as tariffs, it is sanctions. These are the blunt instruments of choice for America’s chief peacemaker and dealmaker, used both to halt wars and remake global trade in Washington’s image. India today finds itself at the receiving end of both weapons: Locked in a trade war with US and staring at the possibility of 50% tariffs by Aug 27.
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Views expressed above are the author’s own.
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