The Weaponization of Global Trade: India's Strategic Navigation

Finance Minister Nirmala Sitharaman highlighted the increasing weaponization of global trade through tariffs, emphasizing India's need for careful negotiation. She described the current trade environment as neither free nor fair and expressed concern over high tariffs imposed by nations like the US and Mexico.

Finance Minister Nirmala Sitharaman has raised concerns about the growing 'weaponization' of global trade through tariffs and other methods, urging India to tread carefully amid such pressures.

Speaking at the Times Network's India Economic Conclave 2025, Sitharaman pointed out that India's economic strength could provide a significant advantage in navigating this complex trade landscape.

She warned that global trade practices are increasingly unfair, with nations imposing high tariffs unchallenged. These remarks come against the backdrop of significant disruptions in global trade, mainly due to the tariff strategies of countries such as the US and Mexico.

(With inputs from agencies.)