India, July 31 -- The US imposition of 25% tariff is 'terrible' and India has done to stand up to Donald Trump's bullying and calling the US bluff, says a leading US trade expert.

"India could have fared a lot worse if it had given in to US pressure to open its agriculture and dairy industries, which is America's principal interest. To that extent, the 25% tariff is along expected lines, Biswajit Dhar, told this reporter, adding that "India sensibly shielded its agricultural and dairy markets from American access. Had we caved, the harm would have been much worse."

He said that India must keep its small and marginal farmers in mind and their interests could scarcely be ignored. "No trade deal can be so one-sided,'' the trade expert said...