美国对华滥征的关税归零，印度人一觉睡醒，发现自己成关税战主力

Core Viewpoint - The article discusses the impact of the US-China trade tensions on India, highlighting how India has become a significant target of US tariffs, ultimately revealing its vulnerabilities in the global trade landscape [1][22]. Group 1: US Tariff Policy - The US initially imposed high tariffs on China, with rates reaching up to 145%, which led to retaliatory measures from China, causing significant economic strain in the US [5][6]. - The US faced severe economic consequences, including a $4 trillion loss in stock market value and a 21% bankruptcy rate among farmers due to the trade war [5][6]. - The US Treasury Secretary indicated that the threat of 100% tariffs was no longer viable, leading to a reduction of 91% in additional tariffs as the US sought to ease the economic burden [8] Group 2: India's Economic Challenges - India, initially hoping to benefit from the US-China trade conflict, found itself facing a 50% tariff on its exports to the US, the highest among all trade partners [10][12]. - The imposition of tariffs severely impacted India's key export sectors, particularly pharmaceuticals, textiles, and agriculture, leading to a 22% drop in exports in August and an 18% decline in September [17][19]. - The textile industry in Tamil Nadu saw over 200 factories shut down, resulting in mass unemployment, while the overall inflation rate in India surged to 6.8%, significantly above the central bank's target [19][20]. Group 3: Global Trade Dynamics - India's attempts to position itself as a key player in the global supply chain were undermined by its inadequate infrastructure and incomplete industrial chain, which were exposed during the tariff crisis [20][22]. - The article suggests that India's ambitions are not matched by its current capabilities, making it vulnerable to being used as a pawn in the broader geopolitical landscape [15][22]. - The situation illustrates the broader chaos in global trade, with India emerging as a "naked swimmer" in the face of US trade protectionism [22].