3 Things
Trump's tariffs on India, Mahabodhi temple row, and hunger strike at UoH
Apr 4, 2025
Udit Mishra, a reporter at The Indian Express, dives into the implications of President Trump's new tariffs on India, discussing how they could reshape global trade and challenge India’s economy. He draws parallels to historical policies that triggered economic turmoil. The conversation also touches on the Mahabodhi temple controversy, emphasizing its importance to Buddhist heritage amid ongoing disputes. Lastly, the vibrant hunger strike at the University of Hyderabad showcases students' fight for land preservation and campus rights, highlighting their determination.
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Quick takeaways
- Trump's new tariffs on India aim to rectify trade imbalances but may trigger inflation and a potential global trade war.
- The Mahabodhi temple dispute highlights ongoing tensions between Buddhist and Hindu communities over control and administrative rights of the sacred site.
Deep dives
Impact of Trump's Reciprocal Tariff Regime
Donald Trump has announced a reciprocal tariff regime that imposes significant tariffs on major trading partners, including a 26% rate on India. This move is described as a step towards fairer trade practices, aiming to counter what Trump perceives as exploitation of American industries by other nations. However, the imposition of such tariffs is likely to lead to inflation and reduced trade, as higher prices can suppress demand for American goods abroad. The tariffs have already garnered international criticism, with leaders warning that it could escalate into a global trade war affecting economies worldwide.
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