India, Aug. 3 -- Global deglobalisation is accelerating around the world, as rising trade tensions, supply chain disruptions, and increased protectionist policies have led to a surge in trade restrictions and a retreat from previous levels of international economic integration. Economic nationalism is also on the rise globally, with many countries implementing tariffs, quotas, and policies that prioritise domestic industries and self-sufficiency over free trade, fundamentally reshaping patterns of international trade and investment. US-India trade relations face renewed uncertainty as the US plans tariffs above 25 per cent on Indian exports, complicating an already delicate partnership. Despite ongoing strategic ties, these tensions revea...
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