the Tariff Taper: India’s Subtle Leadership

Avinash Arora16 Apr, 2025News

This inward turn in US trade policy and the reactionary measures by the second largest economy, China, have prompted a closer look at how emerging economies, in contrast, have navigated the liberalisation path over the same period. Against this backdrop, this article puts forth three core propositions: (a) since 2000, emerging economies have cut tariff rates more aggressively than advanced nations, with India leading the way, closely followed by China;