Introduction In the globalized economy of the 21st century, international trade forms the backbone of economic growth for both developed and developing countries. For a country like India, which is steadily moving towards becoming the world’s third-largest economy, exports are not merely a source of foreign exchange but also a driver of industrial growth, employment…
Introduction In the 21st century, the world is witnessing rapid transformations in global politics, economics, and security. The global order that once appeared relatively stable under post-Cold War liberal frameworks is being reshaped by shifting power dynamics, regional rivalries, technological revolutions, and ideological contests. Amid these changes, states are increasingly faced with the challenge of…
Introduction Tariffs, or taxes imposed on imported goods and services, are one of the oldest tools of international trade policy. While they may appear as a mere economic instrument, tariffs often carry political, strategic, and geopolitical motives. In the modern globalized economy, tariff wars, especially those initiated by the United States, have far-reaching implications beyond…