Raghuram Rajan on why Trump's tariffs are self-goal in short term

Former RBI Governor Raghuram Rajan has termed former US President Donald Trump’s tariff hikes a “self goal,” arguing that in the short run, they hurt American firms by increasing input costs. He advised India to negotiate tariffs sooner rather than later and improve its business environment to attract foreign investment. He further highlighted the potential opportunities for India amid US-China trade tensions, suggesting it could benefit from companies seeking alternatives to China. Watch full interview here.