Signal Desk · Economy

P K Mishra says sanctions and tariffs are weaponised

2026-10-03 · 2 sources · Economic Times Economy

In short

P K Mishra said on Saturday at the Kautilya Economic Conclave that export restrictions, sanctions and tariffs are now being used as policy tools and sometimes as weapons. He also said wars can disrupt energy and food markets, and that shipping routes and choke points can make countries vulnerable.

This matters for India because it imports a lot of energy. The report says India wants more resilience, but it does not state any new policy decision.

What the reporting says

P K Mishra said at the Kautilya Economic Conclave on Saturday that export restrictions, sanctions and tariffs are becoming tools of economic policy and are sometimes weaponised. The remarks were reported alongside his warning that wars disrupt energy and food markets and that shipping routes and choke points create vulnerability. He also pointed to India’s energy import dependence. The immediate policy implication is a call for resilience, while the exact measures were not stated in the available reporting.

Why it matters

P K Mishra’s remarks at the Kautilya Economic Conclave linked geopolitics to trade and energy risks for India. He said sanctions, tariffs and export restrictions can be weaponised, and that wars can disrupt energy and food markets as well as maritime routes. The comments point to pressure on India’s import-dependent economy, especially energy, but the reporting does not state any new action, target country or policy announcement.

Touches: Economy, Global, Commodities, Energy

Sources