No trade deal with Trump still a win for India3 min read . Updated: 27 Feb 2020, 08:20 AM IST
Questioning the utility and outcome of the visit by the Opposition is misplaced
US President Donald Trump’s India visit has ended successfully for both sides. No trade deal could be signed. India was willing to be accommodative, but the US side decided to wait for a more ambitious deal later in the year—which is a code word for pressuring India on a wider front in the interim. This came out implicitly in Trump’s press conference where he cited his tussle with China and repeated his ill-considered references to India as a tariff king, which is factually wrong, and 100% duty on Harley-Davidson motorcycles when India had offered to bring duties on these motor bikes to zero during the negotiations, to be only told that the US side was no longer interested in obtaining this concession. Trump’s decision to come without a trade deal in the offing gave us the opportunity to make him experience an ego-boosting trip, which was done with panache.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more