Opinion | India must do a China to avoid a trade war with the US4 min read 12 Mar 2019, 12:39 AM IST
A pragmatic problem solving approach to the India-US trade spat is likely to yield New Delhi much greater dividends than an openly confrontational one
The US-China trade war seems to be coming to an end as reports of a possible deal have gathered momentum in recent days. US secretary of state Mike Pompeo has expressed optimism that trade talks with China aimed at ending tariffs on hundreds of billions of dollars worth of products will be successful. Treasury secretary Steven Mnuchin has also suggested that the two sides were getting closer to a trade deal and White House economic adviser Larry Kudlow has underlined that “the progress (between the two countries) has been terrific". Negotiations are reportedly in the last leg as the two sides plan a summit for the end of March at Mar-a-Lago, US President Donald Trump’s Florida resort. Despite the hype, it still remains to be seen if the US-China trade deal actually goes through.