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flag India’s finance minister warns of rising trade weaponization, pledging defensive tariff use only.

flag Indian Finance Minister Nirmala Sitharaman warned that global trade is increasingly being weaponized through tariffs and protectionist measures, with countries using trade barriers for geopolitical leverage rather than economic fairness. flag She emphasized that India will rely on its economic strength to navigate this shifting landscape, using tariffs only to protect domestic industries from unfair competition, not as offensive tools. flag Her remarks come amid rising trade tensions, including high tariffs from the U.S. and Mexico’s new import levies on nations without free trade agreements, highlighting a growing trend of protectionism and inconsistent global trade norms.

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