New Delhi, Nov. 27 -- India, like the rest of the world, is navigating its way through exceptionally uncertain times. Much of this uncertainty is attributable to the quixotic policies and flip-flops of US President Donald Trump.

The US is the largest economy in the world, accounting for about a fourth of global GDP in nominal terms and Trump is the most powerful man in the world. His executive orders, dealing with the US as much as with its global strategic and trade policies, whether legal or not, unleash waves of turmoil almost daily. We need to minimize our exposure to such turmoil.

A major source of India's current exposure to such turmoil is its trade relations with the US.

Official-level discussions on the trade agreement being n...