The Inside Story Podcast What are the global implications of the US tariff increase?
Feb 22, 2026
Garima Kapoor, Deputy Head of Research at Elara Securities, examines India’s negotiating strategy and market positioning. Rebecca Christie, Senior Fellow at Bruegel, unpacks EU deliberations and retaliation dilemmas. Deborah Elms, Head of Trade Policy at the Hinrich Foundation, discusses U.S. tariff statutes, geopolitical responses and likely sectoral impacts. They explore sudden policy shifts, global alignment and what to watch next.
AI Snips
Chapters
Transcript
Episode notes
Tariff Uncertainty Will Persist Beyond 150 Days
- The tariff uncertainty is likely to continue and may worsen over the next months.
- Deborah Elms warns the 15% Section 122 measure lasts 150 days and will be bridged by other statutes, raising more targeted tariff threats.
Europe Pauses Deals To Avoid Half Measures
- The EU is pausing deals and reconsidering tempo because U.S. moves create strategic risk.
- Rebecca Christie says the European Parliament delayed votes and fears doing only half-deals amid unclear U.S. policy.
Pause Renegotiation Until U.S. Legal Path Clears
- Wait before renegotiating with the U.S. because legal and rate uncertainty remains after the Supreme Court ruling.
- Garima Kapoor advises India will likely pause immediate talks to watch how the U.S. administration responds post-ruling.