The week was dominated by the news on Trump tariff tremors. The Editorial section also dissected the ramifications of the disarray caused to global trade and economy by US President Donald Trump’s ‘reciprocal tariff’ and its impact for the India economy. The other topics analysed in the Editorial section included the EU’s move to ease its Carbon Border Adjustment Mechanism (CBAM) and how India must drive a hard bargain on this crucial issue that impacts its steel exporters. The other key issue commented upon was the government’s move to convert its debt into equity in Vodafone Idea and its wider ramifications for competition in the Indian telecom space.
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Ethan Caldwell
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