Tariff king.” A “big abuser” of tariffs. A “very high tariff nation.” US President Donald Trump has repeatedly made it clear over the years what he thinks of India’s protectionist trade policies.

Anand Mahindra reflected on how the Trump tariffs have raised speculations revolving around China alone. However, he reminded that India is poised to be the third largest global economy soon, and should grab this opportunity to become a reliable trade partner for other countries.

China on Friday hit back at the US by slapping an additional 34 per cent tariff on all imported American products. The tariffs will be imposed on all imported US products starting April 10, state-run Xinhua news agency reported.