Why the new US-India trade agreement is a big deal

For the India-China-US triangle, the new US-India trade deal, announced with Trumpian flourish on social media on Monday, has potentially significant economic, geopolitical and strategic implications. US President Donald Trump’s post, which came after a phone call with Narendra Modi, said the Indian prime minister had committed to “BUY AMERICAN”, including over US$500 billion of US products. It also said Modi had “agreed to stop buying Russian Oil, and to buy much more from the United States and...