US trade diplomacy
Pakistan, under the ‘euphoria of triumph’, swiftly walked out, having made a deal with the United States with 19 percent US tariffs on its exports. This drew comparison with India — still embroiled in tariff conflict with US with no settlement in sight. Nevertheless, the comparison is not realistic. India got on the wrong side of Donald Trump who reprimanded it for supplying cheaper procured Russian oil to Europe at a high premium, thereby fuelling the Ukraine war. Additionally, India’s engagement with BRICS, as its founding member, is looked upon with suspicion by the Trump administration. Whereas, historically, India’s case stems from longstanding trade tensions: data localization rules, price caps on pharmaceuticals, and high tariffs on US imports — specially on its automotive industry.
Pakistan, in contrast, has no such baggage. It........
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