Trade calculations are being overturned by tariff volatility: EAM
External Affairs Minister (EAM) S Jaishankar on Monday stated that anti-globalisation sentiment is rising in many societies, adding, "Trade calculations are being overturned by tariff volatility." "A third of global manufacturing has moved to a single geography, with attendant consequences for supply chains," Jaishankar said. "The world is witnessing more competition and less compacts," he added.