Evan A Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that there is a lot of pressure from the financial markets on the US administration to change its course.
During the panel discussion "Tariffied World: T minus" at the Global Tech Summit on Saturday, Balfour said that Europe is accelerating talks with India and has also started talks with several nations, including Asia, Malaysia, the Philippines, and the UAE. She stated that Europe is making
Amid the tariff announcements and how US President Donald Trump's administration is handling the major global affairs, experts discuss damage to the US soft power over certain regions and its implications for global security and alliances.
Addressing the Carnegie Global Tech Summit 2025 in the national capital Jaishankar said that the US imposed tariffs has focussed India on the need to actually correcting "a certain skewed nature of our openness to the global economy".
Siddharth Mittal, CEO and Managing Director of Biocon Limited, said on Friday asked who would pay the price to shift their shops in the US where pharma manufacturing costs are higher than in India and China.
The pause in reciprocal tariffs by the US adminstration offers Indian businesses a short-term advantage--especially in sectors like textiles, leather, engineering, and electronics, where India competes directly with China, said Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava
Indian stock indices closed handsomely higher on Friday, supported by the Trump's decision to pause the reciprocal tariffs on dozens of countries, including India, for 90 days.
"Even if the US imposes even higher tariffs, it would no longer make economic sense and ultimately go down as a joke in world economic history," according to the commission as reported in the Chinese state media.
Sunil Kant Munjal, Chairman of Hero Enterprise on Friday said he views Trump's reciprocal tariffs on partner countries as an instrument to get fairer deals with them.
Jaishankar said that there is a connection between US President Donald Trump's agenda- MAGA (Make America Great Again) and technology, which has been clear now.