Global trade getting weaponised through tariffs: Sitharaman
image for illustrative purpose
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said global trade is increasingly “getting weaponised” through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage.
“Trade is getting weaponised through tariff, through many other measures and India will have to negotiate its way carefully in this, and not just take care of tariff but I think overall our economy strength is what is going to give us that additional advantage,” Sitharaman said at Times Network’s India Economic Conclave 2025. She said that globally it is now “very clear” that trade is not free and fair.
“India can be lectured saying you (India) are very inward-looking, you are a tariff king and so on. But tariff has been weaponised,” she said.
