The ‘Reciprocity Gap’: Why India’s Zero-Tariff US Deal Is A Structural Risk – OpEd

There is a distinct difference between a compromise and a capitulation. Diplomacy often demands the former; the February 2 trade deal with the United States unfortunately resembles the latter. Modi government has confused benevolence with strategy. New Delhi frames this as a "strategic breakthrough," a label that asks the public to ignore the arithmetic staring them in the face. The unvarnished truth is that the government has signed away vast market access while securing absolutely no protective cover in return...