The Rapid Emergence of a Multi-Polar World: Anand Mahindra's Insight

Anand Mahindra discusses the swift shift towards a multi-polar world due to new US tariffs. The US announced reciprocal tariffs on several countries, prompting cooperation talks among South Korea, China, and Japan to enhance regional free trade. This move marks a significant geopolitical development.

The emergence of a multi-polar world is happening more rapidly than anticipated, according to Anand Mahindra, Chairman of Mahindra Group. His remarks came in response to new tariffs announced by the US, perceived as a key geopolitical shift.

On Thursday, Mahindra commented on social media platform X, reposting a report about South Korea, China, and Japan's agreement to advance free trade talks facing US-imposed tariffs. He highlighted these tariffs as indicative of significant geopolitical changes.

In a historic move, President Trump announced reciprocal tariffs on approximately 60 countries, including a 27% tariff on India, to counter high import duties on US goods and address trade imbalance.

(With inputs from agencies.)