Trump's tariffs may be the wake-up call India needs

Donald Trump's return to the White House has revived his signature style of economic policy: leading with grievance, a deeply nostalgic vision of global trade, imposing punitive tariffs and a quest for deals. The effects on the US and its trading partners have been chaotic. Whilst analysts try to predict the impact from the shattered pieces of regional and global trade agreements and norms, for India, this knock might be the wake up call it desperately needs. At first blush, Trump's tariff threats seem like trouble. India runs a healthy trade surplus with the US and leans heavily on the…