Former IMF Deputy Managing Director Gita Gopinath weighs in on the proposed US Section 301 tariffs targeting India and other economies. She says the final implications for India remain unclear as details of the USTR ruling are yet to emerge. Gopinath notes that tariffs not only affect trading partners but can also raise costs and inflation in the United States. Highlighting the uncertainty around US trade policy, she says developments in 2025 have shown that policy direction can change rapidly. Watch her insights on India-US trade negotiations, tariff risks, inflation concerns and the broader impact on global trade and economic growth.