Pravin Krishna on the Political Economy of Multilateral and Preferential Trade Agreements, Trade Liberalization, and the Future of Global Trade
Ideas of India
Navigating Tariffs and Trade Complexity
This chapter explores the proposed tariff changes and their implications on U.S. trade policy, highlighting the challenges of implementing trade taxes instead of income taxes. It discusses the balance of power between the president and Congress in tariff imposition, alongside the implications for global trade dynamics, specifically for countries like India. The conversation also examines India's unique trade relationships with the U.S. and China, considering strategic economic interests in the evolving global landscape.
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