Despite louder social ‘Truths’ proclaiming a ‘dead’ Indian economy amidst the deepening US-India trade standoff, the sky has decidedly not fallen. Even as US tariffs and penalty rhetoric become more ominous, India’s response remains dignified.India, like other BRICS countries (Brazil, Russia, China, South Africa), has been affected, though not uniquely targeted. It has managed to avoid capitulating with sweeping concessions or crossing its red lines, unlike some self-proclaimed defenders of the ‘rules-based’ trading order.
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