PK Mishra says sanctions and tariffs are sometimes weaponized
In short
P K Mishra said on Saturday at the Kautilya Economic Conclave that export restrictions, sanctions and tariffs can be used as policy tools, and sometimes as weapons.
He also said wars can disturb energy and food markets, and shipping routes matter for India because it imports a lot of energy. The report does not say what specific action, if any, follows.
What the reporting says
Principal Secretary to the Prime Minister P K Mishra said on Saturday at the Kautilya Economic Conclave that export restrictions, sanctions and tariffs can become instruments of economic policy and are sometimes weaponized. He also said wars disrupt energy and food markets, and shipping routes and geographical choke points create economic vulnerability. The immediate consequence is not stated, but he warned that India’s import dependence on energy makes prolonged route disruption a risk.
Why it matters
P K Mishra made the remarks on Saturday at the Kautilya Economic Conclave while discussing a world priced for risk. He linked sanctions, tariffs and export controls to broader economic policy, and said war-related disruption can hit energy and food markets. For India, he flagged maritime-route disruption as a concern because the country is a major energy importer. The source does not state any new policy decision.