Srilanka, April 13 -- The Trump tariffs have caused apoplexy in the country, even though there is a 90-day pause. There are folk here who have panicked far more than any others in any other part of the world, keeping in mind that the U.S. President's latest round of tariffs left no country untouched.

The markets have tumbled, almost elsewhere, and some in the Opposition ranks are, of course, nakedly prancing around in glee.

In this writer's estimation, the entire global response to these tariffs are a rather unnecessary over-reaction. It would over time perhaps be seen as the most ridiculous reflex that most sane people in the world cratered to, in a long time.

Of course, a 44 percent tariff on major exports to the U.S. would be felt ...