As Trump set about remaking global trade and geopolitics by weaponising tariffs, India got into trade negotiations with the US early. Instead, Trump first slapped India, in April, with a 25% tariff that in itself exceeded the rate levied on most US allies. India’s policymakers under Modi assumed that India’s aggregate economic heft and its growth rate had elevated it to the world’s top table. after newsletter promotionThis has led to the near-simultaneous rise of agenda-setting far-right parties in western countries. Trump’s tariffs aren’t whims, they are portents.