It’s hard to negotiate with a gun to your head, warns ex-RBI governor Raghuram Rajan on Trump's tariff terror

  • Posted on August 12, 2025
  • By Business News Today
  • 1 Views
It’s hard to negotiate with a gun to your head, warns ex-RBI governor Raghuram Rajan on Trump's tariff terror

Former RBI Governor Raghuram Rajan criticized the USs 50% tariff on Indian exports, calling it a “gun to your head” tactic that hurts trade talks. While India could reduce Russian oil imports, political pressures complicate the issue. Rajan doubts BRICS can mount a joint tariff response and warns that escalating tariffs risk damaging US-India relations and strategic partnership.
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