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Unfriendly fire — when strategic partners disagree on tariffs

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India should obviously not agree to any unreasonable condition. If our energy needs demand that we need to import 35-40 percent of oil from Russia we should continue to do so, notes Najib Shah, former chairman of CBIT&C.

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By Najib Shah August 5, 2025, 2:50:23 on is (Published)

Unfriendly fire — when strategic partners disagree on tariffs
The Economist reports that after the trade deal between the United States ( US) and the European Union (EU) French President Macron had commented that ‘to be free, you need to be feared; and we were not feared enough’. There may be a bit of hyperbole in this statement-but it sums up what all neutral commentators have been saying about the trade pact.

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