The consistent undermining of multilateralism by the U.S. must be countered
The larger point
- Trump continues to undermine the World Trade Organisation and the international world trade order, now that it has served the West well and developing countries are in a significantly stronger position than when the WTO came into existence in 1995
- Trump has pulled out of the Trans-Pacific Partnership, is pushing changes to NAFTA and has withdrawn from the Paris Agreement to combat climate change
- While large-scale protectionism and unilateralism may please some of Mr. Trump’s constituents in the short run, undermining existing rules arbitrarily serves no nation, including the U.S., in the long run
In the current climate, it is therefore especially important for India to be a good steward for responsible globalisation.