Webinar Link

Meeting No: 2514 178 8662
Password: trade

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Abstract

US tariff policies have significantly reshaped trade flows across India and Asia. In 2025, US duties on Indian goods rose to about 50 percent, contributing to a reported 22 percent fall in India’s exports to the US in early 2026 and widening trade pressures, before being reduced to roughly 18 percent under a new interim deal. Across Asia, differential tariff treatment has altered competitiveness. These shifts highlight supply chain diversification, regional competition, and the growing strategic role of trade diplomacy in shaping Asia-US economic relations. In the webinar the panelists will discuss how U.S. tariffs may reshape trade flows, alter global value chains, and influence export competitiveness across the region.

About the Speakers

Rakesh Mohan Joshi

Prof. Rakesh Mohan Joshi is Vice Chancellor at Indian Institute of Foreign Trade (IIFT), the premier B-School under Ministry of Commerce, Government of India. Prof. Joshi, a senior professor and former Dean at IIFT was on deputation to Indian Institute of Plantation Management, Bengaluru, as Director. Prof. Joshi, a gold medallist from IIFT, received his education and training from Harvard Business School, Boston; IIFT, Rajasthan University and National Dairy Research Institute, Karnal. He authored highly popular books from Oxford University Press and had been the Editor of the prestigious quarterly journal of IIFT, Foreign Trade Review (FTR). Prof. Joshi has extensive trans-national exposure and has been associated with several multilateral organizations, such as the World Bank, the Asian Development Bank, UNCTAD, International Dairy Federation, Asian Productivity Organisation (APO) etc. Prof. Joshi had been the Chairman of the ‘UGC Committee for Framing the Regulations for Foreign Educational Institutes’ and Chairman of the Expert Group for “Development of Educational Framework for Global Citizenship in Higher Education Institutions” 2021. Presently, he is also the Chairman of the Business Services Sectional Committee, Bureau of Indian Standards, Government of India. He is also on the Council of Management, All India Management Association (AIMA) Prof. Joshi has a strong inclination to research Internationalization of Indian Culture and has carried out a major research Project on “Implications of Bhagwat Geeta in Contemporary Management” by Indian Council of Social Science Research (ICSSR).

Warwick J. McKibbin

Warwick J. McKibbin is an Emeritus Distinguished Professor of Economics and Public Policy and Director of the Centre for Applied Macroeconomic Analysis at Australian National University. He is CEO of McKibbin Software Group Pty Ltd and a non-resident Senior Fellow at the Peterson Institute for International Economics. He is a Distinguished Public Policy Fellow of the Economic Society of Australia, a Distinguished Fellow of the Asia and Pacific Policy Society, and a Fellow of the Centre for Economic Policy Research (London). He earned his AM and PhD in Economics from Harvard University (1986) and a Bachelor of Commerce (First Class Honours) and University Medal from the University of New South Wales (1980). Professor McKibbin served on the Board of the Reserve Bank of Australia (2001–2011) and previously worked on its staff. He was also a Senior Fellow at the Brookings Institution. Awarded the Order of Australia (2016) and the Centenary Medal (2003), he is internationally recognized for work on global economic modelling, monetary and climate policy, and pandemic economics, with over 250 academic publications and six books.

Biswajit Nag

Dr. Biswajit Nag is a Professor of Economics at the Indian Institute of Foreign Trade (IIFT), New Delhi. Involved in empirical economic research for close to two decades he also has teaching experience in India, and abroad. Earlier, he served the Poverty and Development Division of UN-ESCAP, Bangkok. Dr. Nag has completed number of projects for Government of India and international agencies such as UN, World Bank, Asian Development Bank, WTO, DFID etc. Dr. Nag’s current research interest is International Production Network, Global Value Chain, Trade in Services, Regional Trade Agreements, Trade and Development etc. He has also expertise in developing sector based strategies in accessing international market and analysis of consumer behavior. He has published articles in number of international journals and also served as anonymous referee to several reputed journals. Dr. Nag is currently working on Trade and Technology with a focus on firm’s ability to absorb new technology and accelerate its involvement in International Trade. He is also conducting research on technology integration and employment in Indian exportable sector.