Webinar Link

Meeting No: 2511 258 3709
Password: tariff

Certificate of Participants

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Abstract

Tariff walls are trade barriers that countries implement to protect domestic industries by increasing the cost of imported goods. In India, such measures have historically aimed to foster self-reliance and stimulate local manufacturing. However, these tariffs can lead to inefficiencies, higher consumer prices, and strained international relations. In recent developments, the U.S. administration's proposal for reciprocal tariffs has raised concerns about potential annual losses of up to $7 billion for Indian exporters. This situation underscores the need for India to reassess its tariff policies to balance domestic industry protection with the benefits of global trade integration. In the webinar the panel shall discuss the challenges for India in the current global scenario.

About the Speakers

Sachin Chaturvedi

Prof. Sachin Chaturvedi is Director General of the Research and Information System for Developing Countries (RIS), a New Delhi-based think tank. An expert in development economics, he focuses on development finance, SDGs, South-South Cooperation, and global trade and investment, with emphasis on the WTO. He played a key role in launching major initiatives like the Network of Southern Think Tanks (NeST), Forum for Indian Development Cooperation (FIDC), and the Delhi Process.

Prof. Chaturvedi advises the Indian government on economic policy and advocates evidence-based, integrated approaches. He has authored/edited over 22 books and numerous journal articles, and serves on several editorial boards, including the South Asian Economic Journal and IDS Bulletin. His book The Logic of Sharing is globally recognized. He has held fellowships at Yale and the University of Amsterdam and currently serves as an Independent Director on the Board of the Reserve Bank of India.

Jeffrey A. Frankel

Jeffrey A. Frankel is James W. Harpel Professor of Capital Formation and Growth. He is a Research Associate at the National Bureau of Economic Research. He served at the Council of Economic Advisers in 1983-84 and 1996-99; as CEA Member in the Clinton Administration, Frankel's responsibilities included international economics, macroeconomics, and the environment. Before coming to Harvard in 1999, he was Professor of Economics at the University of California at Berkeley.

His research interests include currencies, commodities, crises, international finance, monetary policy, fiscal policy, regional trade blocs, and international environmental issues. Born in San Francisco, he graduated from Swarthmore College, and received his economics PhD from MIT.