India, May 27 -- India-US trade relations have witnessed a serious shake-up over the last few weeks, with India maintaining a principled position of sovereignty. This comes in the context of the turmoil initiated by the heavy-handedness of the Donald Trump-led US administration that risks undermining the global trade order established over the last three decades in the form of the World Trade Organization (WTO).
The advantage of a multilateral platform like WTO is that it provides a framework that all countries can leverage to protect their interests. The recent strategy by the US government to undermine the global framework while striking multiple bilateral trade treaties is a concerted effort to squeeze their trading partners to the ma...
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