Saturday, December 13, 2025 | 10:21 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Protectionist policy won't work: US trade snub is a wake up call for India

India's turn towards protectionism may have gone relatively unremarked in the rest of the world so far, but there was always going to be damaging blowback

Modi with trump
premium

Manila: President Donald Trump, right, and Indian Prime Minister Narendra Modi shake hands during a bilateral meeting at the ASEAN Summit at the Sofitel Philippine Plaza, Monday, Nov. 13, 2017, in Manila, Philippines | Photo: AP/PTI

Mihir S Sharma | Bloomberg
It’s hard to find anyone willing to say -- on the record -- that anything could be wrong with the relationship between India and the US Over the past 20 years, the world’s two largest democracies have grown steadily closer. But, the truth is that this has happened in spite of the economic linkages between the two countries, not because of them.

The last few years have been particularly bad and they’ve just been capped by news that President Donald Trump intends to remove imports from India (and Turkey) from the Generalized System of Preferences program that allowed some goods