Tata Group Chairman N. Chandrasekaran has said that the reciprocal tariffs imposed by former U.S. President Donald Trump are likely to lead to bilateral negotiations and a long-term reshaping of global supply chains.Speaking at the Rakesh Jhunjhunwala Memorial Lecture on Tuesday, Chandrasekaran remarked that the real challenge isn’t the tariffs themselves but the reversal of a decades-old globalization model. “For over 60 years, global supply chains thrived under minimal trade barriers. Companies produced where it was cost-effective and sold where there was demand. That model is now being
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