Raghuram Rajan calls Trump's reciprocal tariffs a "self goal", says impact on India will be smaller

Former RBI governor Raghuram Rajan criticised Trump's decision to impose additional tariffs on around 60 countries, labelling it as detrimental to the US economy. He noted that the impact on India would be minimal, and suggested India lower its tariffs and strengthen trade relations. Trump justified the move as a step towards revitalising American industry.