Monthly Archives: November 2024

Trump’s Return: Assessing Implications for Global Trade and US-India Trade Ties

By Biswajit Dhar | Briefing Paper # 66 | November 25, 2024

US President-elect Donald Trump made two promises that were not only laced with populism, but were also presented as the essential elements of his economic policy. First, he promised an across-the-board increase in import tariffs: 60% tariffs would be imposed on US imports from China, while imports from all other trade partners would range from 10-20%, and higher than 200% for vehicles from Mexico. Secondly, pledged the US would “take other countries’ jobs” if he returned to the White…

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What Does Trump 2.0 Mean for Global Trade?

By Kavaljit Singh | Briefing Paper # 65 | November 16, 2024

As President-elect Donald John Trump returns to the White House, all eyes are on the critical decisions shaping his second-term agenda regarding cross-border trade, immigration, climate-related policies, and deregulation initiatives. In particular, his protectionist trade agenda outlined during the campaign trail for the 2024 elections will have major repercussions for the United States and the world at large. His return has sparked concerns about potential disruptions to cross-border trade flows and what his second term means for global trade…

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