May 16, 2025
Trumps revival of protectionist tariffs echoes McKinley-era nationalism, blending ideology, ego, and geopolitics in a deeply globalized world.
Donald Trumps renewed push for tariffs reflects more than economic protectionism it channels political theatre and historical nostalgia. While the tariffs aim to safeguard American industry, they risk inflating consumer prices, disrupting supply chains, and straining relations with allies like India. As the U.S. economy faces labour shortages and budgetary pressure, Trumps policies underscore a 19th-century mindset in a 21st-century economy. For India, the task lies in adapting pragmatically and strategically to shifting trade realities.
Read More →