How Trump’s Trade Tactics Clash with Reagan’s Wisdom
KHUSHI KUMARI
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In August 2025, President Trump announced a 25 % U.S. tariff on Indian imports—part of broader trade frictions tied to India’s Russian oil purchases and BRICS relations
Critics argue Trump’s tariffs are driven more by politics than economics, echoing protectionism rather than pragmatic deal-making
Ronald Reagan championed free and open markets, reducing tariffs during his presidency to boost global commerce and peace
Trump treats trade as leverage—deploying tariffs as political tools—where Reagan aimed for liberalizing markets to foster growth
Analysts warn that the tariffs could shave off up to 30 basis points from India’s GDP growth, especially hurting pharma and IT sectors
Markets worldwide reacted to the tariff hike—stock futures dropped, and supply chains came under pressure amid growing uncertainty