Pragmatic stand on trade with the EU
India, April 14 -- The Trump-fostered uncertainty - primarily on trade, but virtually no segment of global economy and politics is left untouched - that the world finds itself in can be advantageous for India. The US becoming more inward-looking and confrontational with the Trump tariffs has left developed countries and blocs scrambling to find alternative trading partners. China can't decouple itself from the US fast enough, which means the US pivot could cause it serious pain. India, which ticks many boxes with its large, growing market, a section of the consuming class with high purchasing power, and relative political and policy stability, should certainly seem worthy. India recognises this, and is ready to be wooed, but, as commerce minister Piyush Goyal's recent statement shows, this has to happen under its own terms....
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