India–US Trade Deal: Zero Non-Tariff Barriers, Zero Illusions
India and the United States have announced a India–US trade deal. Cue the noise. Trump said zero tariffs. Twitter heard zero tariffs. WhatsApp University awarded PhDs in zero tariffs. Reality, as usual, is calmer. And smarter. India has not reduced tariffs to zero. That was never the point. What India has done instead is far […]