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Optimism over India’s foreign deals must not eclipse the opportunity cost of global free trade left in limbo

The article critiques the global shift from universal free trade, citing Trump's “transactional” approach and fragmented trade's inherent friction. While India pragmatically pursued bilateral pacts amid global trade order reversals and WTO dysfunction, the author questions if this patchwork is truly superior. Despite current volatility, the text strongly advocates for global free trade's revival, emphasizing its stability-assuring benefits derived from relative advantage. India, as a neutral power, is urged to champion this vital cause.

LiveMint · Mint Editorial Board · Jul 15, 2026 at 2:00 AM

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