NextFin news, On this Wednesday in New York, Christopher Wood, Global Head of Equity Strategy at Jefferies, publicly criticized the Trump administration's imposition of high tariffs on Indian goods, cautioning that such measures risk pushing India closer to China, thereby undermining Indo-US ties and global trade stability.
Wood highlighted that the tariffs, which have reached up to 50%, could cost India between $55 billion and $60 billion, significantly impacting the Indian economy. He emphasized India's balanced diplomatic approach, domestic reforms, and economic resilience, making it a compelling destination for global investment despite the tariff challenges.
Speaking in an exclusive interview with Times Now, Wood stated that the Trump administration's tariff strategy could backfire by encouraging India to strengthen its economic and strategic ties with China, a development that would be counterproductive to US interests in the region.
Wood's comments come amid ongoing trade tensions between the United States and India, where the US has sought to leverage tariffs to address trade imbalances and protect domestic industries. However, Wood warned that aggressive tariff policies risk alienating India, a key partner in the Indo-Pacific region.
India has maintained a careful diplomatic balance, pursuing domestic reforms to boost its economy while navigating complex geopolitical pressures from both the US and China. Wood praised India's approach, noting its potential to remain a strong long-term market story globally.
The interview took place in New York, where Wood is based, and was published on this Wednesday, September 17, 2025. The remarks underscore the delicate nature of US-India relations and the broader implications of trade policies on international alliances and economic growth.
Sources: Times Now News, News9live, The Economic Times.
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