Prime Minister Narendra Modi with U.S. President Donald Trump in Manila. (Photograph: Arvind Panagariya/Twitter)
When President Donald Trump declared “America First”, it set off a chain reaction in the rest of the globe. While America cheered, the rest of world jeered wondering, “if America is first, where do I put my country?” In its most basic sense, the trade terminology of “America First” implies that other trading partners will reduce trade barriers to facilitate the import of American products such that American industries will benefit. T...