India, March 20 -- The global economy is at a crossroads as the US introduces a disruptive reciprocal tariff model, challenging the foundation of global trade. This shift threatens developing nations, including India, by undermining WTO principles

The world is facing an uncertain and challenging time. The reciprocal tariff model introduced by the new Trump administration's economic policies has disrupted the seamless flow of global trade and commerce. This poses a significant economic challenge for developing nations, as it undermines the World Trade Organization (WTO) model, which upholds the principle of higher tariffs imposed by developing nations on imports from developed nations to protect their domestic industries.

The immediate c...