Sat Sep 27 15:56:49 UTC 2025: **Summary:**
According to S. Gurumurthy, Editor of Thuglak, the United States’ tariff measures may harm the U.S. in the long term, while India could eventually benefit. Gurumurthy argues that the U.S. relies heavily on imports and covers the deficit by printing dollars, making the dollar a “branded commodity.” He believes globalization has led to “Americanization” and that President Trump’s tariffs are an attempt to reverse the U.S.’s current account deficit. Furthermore, he suggested that the resolution of the Ukraine conflict could lead to the removal of the 25% penal tariff on India. He emphasized India’s significance as an example for the world.
**News Article:**
**India Poised to Benefit from US Tariff Measures in the Long Run, Expert Claims**
**Coimbatore, India – September 27, 2025** – The tariff measures implemented by the United States may ultimately benefit India, according to S. Gurumurthy, Editor of Thuglak magazine. Speaking at a session on “Geopolitics in Global Economy” organized by The Auditors Association of South India, Gurumurthy argued that while the tariffs may provide short-term gains for the U.S., the long-term consequences could be detrimental, creating opportunities for India.
“The tariff regime may give short-term benefits to the U.S., but the problem is so huge that the next two generations will suffer. In the long run, India will benefit,” Gurumurthy stated.
He criticized the U.S. economic model, asserting that it relies heavily on imports and covers the resulting deficit by printing dollars. “The most active industry in America is the dollar industry. Dollar has become a branded commodity,” he said. He also pointed out that Arab nations recycle petro-dollars into American bonds and securities.
Gurumurthy further commented on globalisation, equating it to “Americanisation.” He highlighted the shift from a U.S. economy in surplus in the 1970s to its current $100 billion current account deficit. “Mr. Trump has to reverse the deficit. That is why he is imposing tariffs,” he explained.
Looking ahead, Gurumurthy suggested that the resolution of the ongoing conflict in Ukraine could lead to the withdrawal of the 25% penal tariff currently imposed on India. He concluded by underscoring India’s broader significance beyond its economic power. “India is not just an economy. It is an example for the world.”
The session provided a unique Indian perspective on the evolving global economic landscape, raising important questions about the long-term impact of current geopolitical strategies.
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