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New Delhi economic conference hall
Business & Economy · Oct 3, 2026

India signals strategic turn in trade policy as principal secretary warns tariffs and export controls are being weaponised

India cautioned on October 3 that tariffs, export controls and other trade restrictions are increasingly serving strategic purposes, injecting new uncertainty for exporters, global supply chains and foreign investors. The remarks, delivered at a major economic conclave, outline a policy tension between resilience and openness that businesses and trade partners will need to navigate.