Trump's tactical rant: Don't let it work
Also Read: Mint Quick Edit | Trump's tariff post: What should India do?
If anything, we could take it as an endorsement of India's trade position, which has not yielded so far to unreasonable demands even as other US trade partners have settled for raw deals.
As if to dismiss Trump's description of our economy, commerce minister Piyush Goyal pointed out in Parliament on Thursday that it was seen as a bright spot in the world by international agencies and would soon be the third largest by size.
Also Read: The long arc of an India-US trade deal could end in a win-win
Goyal also made it clear that India will do what it must to safeguard its national interest. By setting the record straight and displaying poise, India has shown maturity and signalled that it won't get rattled.
Also Read: The IMF's 'World Economic Outlook' is too coy for a Trump-shaken world
As trade talks with the US have not been suspended, Trump's language seems like a pressure tactic. But New Delhi must hold firm in its quest for a deal that's fair and well balanced. A near-term setback in US-bound exports may be better than inking a bad agreement that locks us in, even if it makes Trump rant.
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