India, May 13 -- Many a times looking at a tech or economic issue from tech or economic lens may not give clarity. The reason for this is that the decision may have been taken purely from a political position, to prove a point or to bring the other party to the negotiating table. These are all pressurising tactics. You may look at something and say: How stupid! But it may be the politics, stupid!

The tariff war looks crazy at first glance. If every country slaps tariffs on every other country, especially at such high rates, then world trade will come to a standstill and there will be a global meltdown. In fact, the 245% tariffs on China sound like absolute madness.

But that's not the real issue here. For years America's largesse has bee...