When asked if commercial barriers or technological restrictions have a place in India foreign policy, the Minister of External Affairs, the Minister of External Affairs, Jaishankar, said that the prices are, unfortunately, a reality and are widely used by the countries.
Speaking during a session in the raisina dialogue 2025 on “ commissioners and capitalists: politics, business and new world order ‘technology.
“Since I take the world as it is, we will have to negotiate a way to go through this and see how we can do for our own country.
Speaking at the top, Jaishankar said that the lines dividing different areas have been eroded today. “Overall, if you see in international relations, it is a less sober culture today than ten years ago. It is something that we all have to take into account,” he said.
This comes in the middle of the decision of US President Donald Trump to implement reciprocal rates, from April 2. Trump expressed his concerns about the high prices of India. Trump has also announced its intention to impose additional prices on the goods of the European Union, which increases global trade tensions. This decision follows the previous implementation of an obligation of 25% on all American imports of steel and aluminum, leading to tense relations with key trade partners. Trump warned against other prices if the EU proceeds to his countermeasures scheduled for next month, declaring: “Whatever they charge us, we invoice them.”
The United States has also announced an additional 25% rate on imports from Canada and Mexico and an additional 10% rate on imports from China.
China and Canada also retaliated with prices on their side. Canada, as the largest foreign supplier of steel and aluminum in the United States, also responded by imposing reprisal prices on American products, including metals and electronics, totaling $ 20 billion. China has imposed samples on exports from agriculture and American foods, imposed restrictions on exports and investments involving 25 American companies, suspended the import licenses of soybeans for three American companies and has arrested imports of American newspapers. In addition, he has launched investigations on certain American optical fiber products.
