Two by Two

Are Trump's tariffs a crisis or an opportunity for India?


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This episode of Two by Two was first published on 10th April 2025.

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US President Donald Trump’s mission to make America great again has seen him do things that most politicians, with their tall claims and promises, confidently assure but compromise on once in power. Trump, in his second term, has gone all in with his convictions.

The latest announcement from the US President is that he’s pausing the tariff increase he had imposed on most of America’s trading partners who did not retaliate in response with their own tariff increase for the next 90 days. Most trading partners, apart from China, on whom Trump has imposed a tariff increase of another 21%, now.

This pause might mean momentary relief, but it doesn’t change the bigger picture much for India, whose position to negotiate isn’t as advantageous as that of some of the other US trading partners.

In a slightly different episode of Two by Two, hosts Rohin Dharmakumar and Praveen Gopal Krishnan discuss what the picture now looks like for India and the world with Mohit Satyanand, entrepreneur, investor, and economy-watcher. 

Tune in for a discussion on what’s been going on underneath all the noise and alarm over the past week.

Additional reading:

Get your hands bloody – https://substack.com/home/post/p-160712298 (Latest edition of Mohit’s newsletter)

This episode of Two by Two was produced by Hari Krishna. Rajiv CN, our resident sound engineer, mixed and mastered this episode.

If you liked this episode of Two by Two, please share it with your friends and family who would be interested in listening to the episode. And if you have more thoughts on the discussion, we’d love to hear your arguments as well. You can write to us at [email protected].


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