Cave-In, Not Breakthrough – The Times of India

128204773

The India-US tariff deal is a humiliating cave-in. This is not just a ‘trade deal’. India has been arm-twisted into giving up its sovereign right to buy oil from wherever it chooses, Russia in this case. Some analysts say realpolitik obliges India to submit until Trump’s term ends and the US hopefully gets a better president. Okay. But unlike the agreement with the EU, please do not call this the ‘mother of all deals’.
The fine print is still not available. Piyush Goyal calls it a landmark achievement. US tariffs on Indian goods have been cut from 50% to 18%. But they averaged something like 4% pre-Trump. So, the new reduction is not generosity. It’s a partial rollback of economic blackmail, accompanied by a warning that the blackmail can resume any time.

  • Related Posts

    No lungi, no vote? CAPF faces backlash in Bengal as elderly voters stopped at polling booth over attire | Kolkata News

    Image used for representational purpose only GAIGHATA: A controversy erupted during polling in the Gaighata Assembly constituency in North 24-Parganas after central forces personnel prevented several elderly men from entering…

    Telangana Murder: No chicken for dinner, Telangana man shouts at wife, she kills him with sickle | Hyderabad News

    The victim was identified as Kodandam Shivaji from Gosangi Colony. HYDERABAD: A tiff over dinner turned fatal in Kamareddy town on Saturday night when a 28-year-old scrap vendor was attacked…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    IPL 2026: Vaibhav Sooryavanshi scripts history, becomes fastest ever to… | Cricket News

    IPL 2026: Vaibhav Sooryavanshi scripts history, becomes fastest ever to… | Cricket News

    Sonam Kapoor, Anand Ahuja announce name of second child with adorable PICS, here’s what Rudralokh means |

    Sonam Kapoor, Anand Ahuja announce name of second child with adorable PICS, here’s what Rudralokh means |

    Mother’s Day special: 5 types of moms

    Mother’s Day special: 5 types of moms

    Aquarius, Weekly Horoscope, May 10 to May 16, 2026: Love sees early affection, a midweek argument needs careful handling

    Aquarius, Weekly Horoscope, May 10 to May 16, 2026: Love sees early affection, a midweek argument needs careful handling

    Vijay to be sworn in as Tamil Nadu chief minister at 10am on Sunday | Chennai News

    Vijay to be sworn in as Tamil Nadu chief minister at 10am on Sunday | Chennai News

    Sara Ali Khan, Rakul Preet Singh steer clear on rumours of catfight with Wamiqa Gabbi: ‘You aren’t going to be silly’ |

    Sara Ali Khan, Rakul Preet Singh steer clear on rumours of catfight with Wamiqa Gabbi: ‘You aren’t going to be silly’ |