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Optimism over India’s foreign deals must not eclipse the opportunity cost of global free trade left in limbo

Optimism over India’s foreign deals must not eclipse the opportunity cost of global free trade left in limbo

Optimism over India’s foreign deals must not eclipse the opportunity cost of global free trade left in limbo


An America that asks to be paid for its use of force, even if only for the greater common good, could be called ‘transactional,’ as the cliche has it, but would also signal a big abdication. How this plays out in the sphere of geopolitics is open to conjecture, but a clear casualty of such a US policy shift would be frictionless trade.

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