{
  "id": 11787380,
  "title": "Tariffs, sanctions becoming policy instruments, sometimes weaponised: P K Mishra",
  "url": "https://urgent.news/2026/10/03/tariffs-sanctions-becoming-policy-instruments-sometimes-weaponised-p",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T22:44:56.000Z",
  "source": {
    "name": "The Indian Express - India",
    "slug": "the-indian-express-india",
    "url": "https://indianexpress.com/article/india/tariffs-sanctions-policy-pk-mishra-10905659/"
  },
  "original_language": "en",
  "account": "P K Mishra, the Principal Secretary to the Prime Minister, discussed the increasing use of tariffs, export controls, and other restrictions for strategic purposes, stating that these \"instruments of economic policy are sometimes even weaponized.\" Mishra emphasized that India aims to be a country that remains steady without being closed off, careful without being fearful, and ambitious without being naïve. He highlighted the shifting focus from energy prices to their availability and the impact of disruptions in shipping routes on crude oil prices. Mishra pointed out that critical minerals, such as lithium, cobalt, and rare earths, are highly concentrated geographically and become central to clean energy production, posing new risks. He explained that India's response to supply chain disruptions, like those near the Strait of Hormuz, includes maintaining substantial stocks, increasing domestic production, and ensuring alternative supply routes and suppliers. India has also diversified its external economic relationships, forming trade agreements with countries like the UAE, Australia, ASEAN, UK, Oman, New Zealand, and the EU. Mishra concluded by stating that India intends to be a country that can remain steady, careful, and ambitious without being naïve, and he hopes that together, they can help build such a world.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Tariffs, sanctions becoming policy instruments, sometimes weaponised: P K Mishra",
        "url": "https://urgent.news/2026/10/03/tariffs-sanctions-becoming-policy-instruments-sometimes-weaponised-p-11791767",
        "published": "2026-10-03T22:44:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}