📊 #Tariffs in Action: When Policy Blows Back
Trump’s move to impose 50% tariffs on Indian goods over Russian oil imports is already creating economic ripples. The cartoon nails the point — here’s the hard data:
Key #Facts :
Tariff Timeline:
25% tariff effective Aug 7, 2025
Additional 25% effective Aug 27, 2025
Impact on India’s #economy :
Fitch’s CreditSights: Hit to export-heavy sectors (textiles, auto parts), slower GDP growth, bank credit stress.
Moody’s: GDP forecast cut by 0.3% for FY 2026.
S&P: Overall limited hit (exports to U.S. = ~2% of GDP), pharma & electronics exempt.
Consumer Impact:
U.S. importers of basmati rice, spices, textiles already facing sharp price hikes.
Strategic #Risk :
Escalating tariffs strain U.S.–India ties, risking supply chain cooperation in the Indo-Pacific.
Bottom Line:
Just like in the cartoon, tariffs meant to punish others often blow back — raising domestic prices, disrupting trade, and weakening strategic partnerships.