Modi Got a Nice US Deal. But What Did He Give Away?
After more than five months in US President Donald Trump’s tariff prison, India is finally free.
The punitive 50% duty that was threatening its manufacturing industries will fall to 18%, a tad better than key rival Vietnam’s 20%. It’s also a discount on the 26% reciprocal rate Trump had announced for India in his “Liberation Day” package last April.
Overall, this is a great PR moment for Prime Minister Narendra Modi, who can spin it as an example that good things come to those who wait.
The “Used in Japan” label is becoming a guarantee of authenticity and quality for buyers.
Lauren McGough: “To be a true eagle hunter, you have to be born into this life — as a nomadic pastoralist.”
The new UN report marks the decline of the era of Western standards and the transformation of Asian experience into a model of successful urban development in the 21st century.