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New Delhi: When United States President Donald Trump imposed a 25 per cent “reciprocal tariff” on India, many thought New Delhi would bend over backwards; and when he added another 25 per cent as punitive measure against buying Russian oil, they thought cargo ships from Moscow will be stopped immediately. Instead, New Delhi pursued measured negotiations, keeping dialogue channels open while sending strong signals on India’s readiness to defend its economic interests.

President Trump has lately been sending positive signals about strengthening ties with India. And now, India and the United States are on the verge of finalising the first phase of a bilateral trade agreement (BTA), which is expected to resolve tariff disp

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