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An Analysis of Trump’s Tariff Policy

Nilanjan Banik & Pranjal Chandrakar

Economic and Political Weekly2026https://doi.org/10.71279/epw.v60i49.43760article
ABDC B
Weight
0.50

Abstract

In this article we examine the rationale for Trump’s tariffs. We argue that while tariffs are problematic as a policy instrument, the Trump administration is strategically deploying them in an attempt to address large current account deficits. We identify the countries that are most vulnerable to Trump’s tariffs. We measure vulnerability by calculating the share of each country's exports to the US relative to their GDP. As an exercise, we examine the bilateral trade of the US with Canada, China, India, and Mexico.

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https://doi.org/https://doi.org/10.71279/epw.v60i49.43760

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@article{nilanjan2026,
  title        = {{An Analysis of Trump’s Tariff Policy}},
  author       = {Nilanjan Banik & Pranjal Chandrakar},
  journal      = {Economic and Political Weekly},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.71279/epw.v60i49.43760},
}

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An Analysis of Trump’s Tariff Policy

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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