The Spectre of Crisis in Moradabad | Arup Kumar Sen

We seldom keep track of the micro impact of macro-economic shocks. The recent example of such a shock is imposition of tariffs on Indian exports by US at exorbitant rates. This aggressive tariff policy of the Trump administration has posed a big threat to the survival of many Indian export-based industries and shattered the livelihoods of many people.

A fieldwork-based report on brass industry in Moradabad by Imran Ahmed Siddiqui, carried in The Telegraph (August 25, 2025), has documented the big crisis being witnessed by the industry after the imposition of Trump