New Delhi, Dec. 17 -- Gita Gopinath, Economist and former First Deputy Managaing Director of IMF , underscored that both India and the US "must engage constructively to negotiate tariffs" at a time when global trade is being reshaped by geopolitics and national security concerns.
Gopinath said the world economy has entered a phase where trade policy is no longer driven purely by economics, but increasingly by strategic and security considerations.
Focusing on India's trade strategy, she said, "Negotiations with the US will be crucial in the coming years. Given the depth of trade, investment, and technology linkages between the two countries,"adding, "tariffs should be addressed through dialogue and cooperation."However, she noted that wit...