The lesson India should learn from U.S. President Donald Trump’s latest tariffs on Chinese goods is that no deal with the U.S. is final and that India should focus on building self-reliance while continuing to balance its relations with the Western as well as BRICS economies, according to former Director General of Foreign Trade Ajay Srivastava.

Mr. Trump on October 10 announced a 100% tariff on Chinese goods starting November 1, 2025, raising the overall tariff rate on Chinese imports to roughly 130%. The U.S. move came in response to Beijing’s October 9 decision to impose new controls on rare earth exports.

Under the new Chinese rules, any product containing more than 0.1% China-origin rare earths or produced using Chinese refining or magnet-making technology would require the Chin

See Full Page