Tariff war 'opportunity of lifetime', says Goyal

WHILE THE WORLD is tense over a fast-escalating tariff war, it may well have thrown up "an opportunity of a lifetime" for India, commerce and industry minister Piyush Goyal has said.

- FE BUREAU

The minister's assertion that India is poised to be a winner in the evolving reorganization of the world trade order indicates once again that rather than any aggressive retaliation, the country would focus on the perceived relative gains.

The imminent changes to global trade will not only bring fairness to supply chains, but also be advantageous for India as the world's fastest-growing large economy, Goyal said.