US tariff seen as generational reforms opportunity

 

India’s former G20 Sherpa, Mr Amitabh Kant, is looking at the hefty 50% tariff by the US as a generational opportunity. Mr Kant, also former CEO of NITI Aayog, believes Mr Trump has allowed India to take the next big leap on reforms. He has urged to utilise the crisis fully. “Trump has provided us a once-in-a-generation opportunity to take the next big leap on reforms. Crisis must be fully utilised,” Mr Kant wrote in a post on X. US President Donald Trump has doubled down on India with a 50% tariff, an increase from the 25% announced last month, as a penalty for what he called New Delhi’s continued buying of Russian oil, as per a report. 

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