EAM Jaishankar Warns Of Global ‘Tariff Volatility’ Disrupting Trade Amid Geopolitical Shifts | India News

At the opening Aravali summit organized by Jawaharlal Nehru University School of International Research, Foreign Minister Dr. S. Jaishankar emphasized how fluctuations in tariff regimes increase the traditional trade capacity worldwide.

“Trade calculations are toppled with tariff volatility,” he said. He detailed how the world witnessed a dramatic production concentration and said, “One -third of global production has moved to a single geography with its results for supply chains”.

Jaishankar against a ground of increased anti -globalization emotions, said the changes in tariffs disrupt the established economic models, he said. It continued to examine the global order that has drawn attention to seismic transformations in multiple areas. “The global energy scenario has changed deeply with the US a major fossil fuel exporter and China’s renewable renewal.

“Competition for rare lands and critical minerals, even if technology controls are more tightened, he has become visceral, ve he added that the weapons have become more powerful and more risky.

According to the PTI report, Jaishankar was also concerned about the gradual erosion of sovereignty with deep technological penetration and manipulation. He warned that global norms are challenged and sometimes thrown: “Cost is no longer descriptive for economic transactions, so that property and security are equally.”

He described the rising “end -to -end” risks that started with the concentration of production, extending with fragile supply chains and reaching the peak as dependent on key markets. “Faith in the balance of power is being replaced by actions based on power margins,” he said. “Cumulatively, the world witnesses more competition and less compacts. Needle has moved away from the intersection of interests and the promise of cooperation.”

“Everything is armed with less blocking to use existing tools,” he said. “Now all nations face these estimates.”

For India, Jaishankar said that the task is strategically to adapt to this variable environment. “We must protect our interests and still raise the global hierarchy continuously. We must risk our winnings and interactions and take risks when necessary.”

Jaishankar, who deals with a student question about whether India’s foreign policy is “agnostic or independent”, said, olmak To some extent to be agnostic and independent. Even if you refer to the Indian -Soviet relationship, what we did was in national interest.

“Even today, sometimes we are suppressed by the countries that refer to a great principle of international law. I ask them, where were you when this principle were applied to me?