We Don't Need A Lecture

Why India is balking at U.S. trade pressure

Is the U.S. bullying India? That issue has provoked rising tension between the two countries since last month, when the U.S. singled out India as the sole target on a hit list of unfair trading partners. The U.S. trade deficit with India last year was only $851 million, or 2% of the imbalance between the U.S. and Japan. But Japan and Brazil, the two other countries cited last year along with India on the same hit list, were removed this year as a reward for entering into talks with the U.S. to lower some trade barriers. India, however, has refused to...

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