Get trade savvy: India must sharpen its policy calculus in an era of US protectionism

Negotiations will now proceed sector-by-sector, focusing on market access, tariff barriers and supply chain integration. Yet, the ‘Liberation Day’ tariffs of 27% make it clear that the US is setting the terms, using protectionist levers to shape the deal in its favour for its economic nationalism. Also Read: Trade war: Trump’s shock-and-awe tariffs only have…

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