The Impact of U.S. Sanctions on Global Markets

effect of us sanctions

U.S. sanctions are a key tool of economic statecraft used to achieve foreign policy and national security objectives. These sanctions can have far-reaching consequences on global markets, affecting trade, finance, and geopolitical dynamics. Understanding their impact is crucial for UPSC aspirants, as it relates to international relations, global economics, and India’s strategic interests. Types of … Read more

Trump’s Tariffs and the Backlash From India and Other Countries

Trump’s Tariffs

The U.S. President, Donald Trump, implemented a series of protectionist trade policies, primarily in the form of tariffs, aiming to reduce the U.S. trade deficit and promote domestic manufacturing. However, Trump’s tariffs led to retaliatory measures from other countries, triggering global trade tensions. India’s Stance on Trump’s Tariffs India was significantly affected by Trump’s tariff … Read more