India's military actions against Pakistan will slow down global trade, reducing demand for agricultural products

The Indian army launched missile strikes on nine targets in Kashmir, saying it was not targeting the Pakistani army but rather terrorist infrastructure in Pakistan-occupied regions. Analysts had previously warned that if world leaders fail to stop Putin’s aggression against Ukraine, other countries will also begin to resolve their territorial claims militarily.

According to Reuters, the shelling killed one person and injured two, and caused power outages in Kashmir.

Pakistan’s Defense Minister said that India’s claims about strikes only on terrorist infrastructure and about his country’s involvement in the Pahalgam incident are false, that civilian facilities were affected, and that Pakistan is preparing a response to the attack.

Pakistan has now closed its airspace to all flights for 48 hours, scrambled aircraft, carried out artillery shelling of the border in Kashmir, and even claimed to have shot down 5 Indian planes and a UAV, but there is no confirmation of this yet.

UN Secretary-General Antonio Guterres called on India and Pakistan to refrain from hostilities, and US President Donald Trump called the Indian operation “a disgrace.”

“I just found out about the situation, it’s a disgrace. These countries have been fighting for centuries, so I hope it ends quickly,” Trump said.

The sluggish reaction of world leaders to the outbreak of hostilities between the two nuclear-armed countries could lead to a prolonged conflict and its escalation into a protracted war, although it will be difficult for Pakistan to resist India, since it has sold many weapons and shells to Ukraine through third countries.

A new war, in addition to Trump’s “tariff wars,” will complicate global trade, disrupt supply chains, and reduce demand for goods. Food prices will initially fall, but possible reductions in agricultural production in India and Pakistan due to military action will increase the need for imports, leading to a sharp rise in prices.

Tags: Pakistan, India, agricultural products