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Lok Sabha Elections 2019: How India and the US engaged on the economy under Modi and Trump

Updated : May 01, 2019 04:20 PM IST

On trade, the approaches of Donald Trump and Narendra Modi can be described as mercantilist with little appreciation for specialisation and comparative advantage much less the invisible hand of Adam Smith.
Neither Trump nor Modi is afraid of protecting their own industries, but both are ready to apply the epithet “protectionist” to foreigners who raise market barriers.
After the Indian elections and before the US 2020 presidential reaches a boiling point, the US and India should use the window of political opportunity to resolve at least some of the existing disputes.
Lok Sabha Elections 2019: How India and the US engaged on the economy under Modi and Trump
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