When Friends Turn Foe

SELF INTEREST IS THE best interest. So said the classical economist Adam Smith very many years ago. Perhaps, the unfolding events across the globe sort of validate this classical notion. How else could one declas­sify the avalanche of actions unleashed by Donald Trump ever since he returned to the White House for a second term after a four-year hiatus?

Listen to this article

Not a day passes without a unilateral an­nouncement of tariff punishment on one country or the other. Indeed, Trump has gone on an extremely unpleasant excursion with his unpredictable daily pronouncements. Besides pushing the geo-politics of the world into an entirely new unstable and volatile terrain, Trump’s “I care none” strategy is hastening the inevitability of a new global alignment. Signif­icantly enough, the blow-hot Trump is turning out to be the cause for the formation of a new alignment where the so-called friends and foes of the past could be rubbing shoulders with each other. His belligerent use of tariff stick is sought to be justified on the ground that Amer­ica has been wronged for a long time by many nations who have imposed disproportionately higher tariffs on products from the USA. No doubt, Trump is an aggressive president. But is he a shrewd politician? One can debate this until the cows come home. The answer will depend on which side of the table one is on. Why has he chosen to open up all fronts simul­taneously? This remains a mystery for both experts and laymen alike. Perhaps, Trump has become the prisoner of his impulse.

What has come as a rude shock for many political pundits is his out-of-blue antagoni­sation of India with whom Trump seemed to have gotten well. It comes especially at a time when both Washington and New Delhi were in the midst of intense trade negotiations. Neither side would disclose what had gone wrong. Grapevines suggest that the issue of opening up the farm sector could have turned the relationship sour. President Trump has justified the steep tariff hikes on the ground that India continues to purchase oil from Russia, which is still embroiled in prolonged war with Ukraine. Trump has accused New Delhi of funding Russia’s war by buying oil from them.

Will his tariff hammer drive New Delhi to bend to his trade will? Well, it is too early to comprehend the full implications of the deep rupture in the relationship. With trust evaporating in the wake of avoidable public posturing against India, Prime Minister Narendra Modi-led NDA government at the centre will do well to go for a more inclusive outlook in the fast-changing dynamics of the geo-political environment. Etiquette is part of geo-politics and global diplomacy. When it is thrown to winds, disorder sets in. Then chaos follows, self interest takes over. Well, the world is rediscovering the words of Adam Smith!

Latest

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing...

Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Newsletter

Don't miss

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing...

Army Design Bureau reviews Garuda’s drone ops

IPO-bound Garuda Aerospace said it used the visit to...

Milky Mist’s new yoghurt plant goes on stream

In a statement, the company said the new facility...

HDFC Bank identifies 2 candidates for MD post

The bank has submitted the names of two candidates in order of preference and the remuneration proposed to be paid to them, for a...

Navin’s forays into plotted development

The announcement was made at the company’s 37th anniversary celebration, themed ‘Beyond 37 – Past, Present & Future’, in Chennai. The company said the entry...

Croma announces special prices for iPhone 17 Pro

Croma, a brand of Infiniti Retail Ltd, is continuing to sell the iPhone 17 Pro and iPhone 17 Pro Max with special offers, including...