Bangladesh, Feb. 4 -- Indian Trade Minister Piyush Goyals detailed briefing on New Delhis newly announced trade understanding with Washington marks a significant recalibration in India–US economic relations, with implications extending far beyond bilateral tariffs. While the Indian government has sought to reassure domestic constituencies-particularly farmers and dairy producers-that sensitive sectors will remain protected, the deal reflects broader geopolitical and economic realignments shaping the Global South, including Bangladesh.

Speaking at a press conference on February 3, Goyal emphasized that agriculture and dairy-long flashpoints in US-India trade negotiations-would remain shielded from American imports. “Prime Mini...