Beyond the visual headlines made by the Trump-Modi hug and the robust language of their joint statement on terrorism, Pakistan and on defence cooperation, sits a paragraph on trade relations that could be considered a setback for India’s ‘Make In India’ ambitions.
US President Donald Trump’s insistence on cutting back the US trade deficit with India is a fraught assertion, which commentators have noted. But there is disconcertingly, more.
Usually joint statements by political leaders after bilateral visits are couched in generalities, though of late those have begun to address some clear economic concerns. That is as it should be