Paper: GS – II, Subject: International Relations, Topic: Global issues, Issue: Implications of Trump’s tariff war for global south.
Context:
U.S. President Trump’s tariff and sanction policies have disrupted global trade and supply chains.These developments highlight the vulnerabilities of the existing neo-liberal economic order and open opportunities for the Global South to push for a more equitable international system.
Key Highlights:
U.S. tariffs:
Implications for India and Global South:
- India’s Losses: Inhibited exports, constrained technology collaboration, and skipped Quad summit participation.
- Global South Impact: Unequal distribution of wealth, undermining of multilateralism, reversal of solidarity commitments (immigration, trade).
- World Order Challenge: Liberal economic architecture faces delegitimisation.
What India Must Do:
Strategic Initiatives for India’s Future:
Opportunities for the Global South:
- Reshape Global Trade Rules: Challenge neo-liberal orthodoxy of “free trade” biased towards developed nations.
- Strengthen South-South Cooperation: Platforms like BRICS, IBSA, G-77 can provide bargaining power.
- New Institutions: Push for development finance, fairer taxation rules, and equitable technology transfer.
Conclusion:
Trump’s tariff war, though disruptive, provides India and the Global South a strategic opening to recalibrate economic diplomacy, push for institutional reforms, and build coalitions for a more just and inclusive global order. For India, this is both a challenge of adjustment and an opportunity of leadership in shaping the 21st-century international economic architecture.
La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2025 preparation.
FOLLOW US ON:
◉ YouTube : https://www.youtube.com/@CivilsPrepTeam
◉ Facebook: https://www.facebook.com/LaExcellenceIAS
◉ Instagram: https://www.instagram.com/laexcellenceiasacademy/
GET IN TOUCH:
Contact us at info@laex.in, https://laex.in/contact-us/
or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140
OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020
Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524, Rangareddy Hyderabad, Telangana 500081
Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040
