The Indo-United States Trade Tightrope

THE JOINT STATEMENTS issued on 6 February and 7 February on India—United States trade ties promise momentum, market access and mutual goodwill.

- Ashish Sinha

Scratch the surface, however, and the deal looks less like a sweeping breakthrough and more like a carefully choreographed balancing act. For the Indian economy, the positives are obvious. Easing tariffs and smoother trade rules could help exporters in textiles, pharmaceuticals, engineering goods and technology services at a time when global demand remains