New Delhi, May 19 -- The contours of global trade are constantly shifting, and India finds itself navigating an increasingly complex landscape.

oscillating between tariff reductions and technology restrictions-has left many countries uncertain about their export prospects. Recent developments include the Trump administration's first free trade agreement with the UK, which tied lower tariffs to excluding China from some supply chains, followed shortly by a temporary US-China tariff cut and then a sweeping ban on Huawei AI chip use.

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This erratic approach puts the "China plus one" strategy into question and raises concerns about whether other emerging economies...