
Research
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The Implications of Donald Trump’s Presidency for India’s Economy
The doors of President Trump’s second term opened with full force, raising eyebrows and ruffling feathers both domestically and abroad. In less than one hundred days, one hundred executive orders were passed in the newly redecorated Oval Office, aiming to fulfill the administration’s “America First” promises. Three of these executive orders issued tariffs against China, Mexico, and Canada, backed by the nascent usage of the International Emergency Economic Powers Act (IEEPA). Despite suspensions and fervent economic fears, China and Canada retaliated with tariffs on agricultural products and energy respectively, sparking international concerns over a potential trade war. Amidst this backdrop of butted heads and gritted teeth, the gaudy Air India One touched down on American soil on February 12, 2025, as Prime Minister Narendra Modi arrived in Washington to discuss the future of relations with the United States.
Africa Must Be Integrated: Why Trade Barriers Keep States Poor
Africa before the era of colonization was a dynamic region with extensive trade routes that connected diverse cultures and economies. When European colonizers arrived, they upended these trade networks, establishing colonial regions whose sole purpose was to export raw materials to Europe for manufacture. These extractive policies rendered African economies woefully underdeveloped when they gained their independence in the mid-20th century. In the 21st century, despite the creation of the African Continental Free Trade Area, tariffs and trade barriers are still stifling growth.